Entity Owned 
For Sale
1 / 2
$8,000,000
1 Glen Ave, Scotia, NY 12302
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Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1896
Total area
42,854 SF
Lot
2.98 ac (129,809 SF)
Zoning code
CON
APN
422201 39.45-1-1.11
UPID
US63-0420805
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hotel & Motel Resort
-
Hotel & Motel Bed & Breakfast
-
Restaurant
-
Hair Salon Nail Salon
-
Association Or Organization
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.22M
Blend (final)
Blend
$2.78M
Owner & transaction history
1 recorded transaction
Zoning & alternative use
CON · Scotia, NY
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.78M
Value range
$2.50M – $3.05M
±10% around blend
Estimated value / SF
$65 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$2.50M
blend $2.78M
$3.05M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
42,854 SF
Lot area
2.98 ac
Year built
1896
Stories
2
APN
422201 39.45-1-1.11
Zoning
CON
Assessed value
$4,168,350
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.22M
Range $2.37M – $6.38M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.78M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 25 sales
$149
-57%
County 26 sales
$149
-57%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $65/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.17M
Move the market yield to see immediate price impact.
Value / SF
$97
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$263k
$5.25M
$3.75M
$2.92M
$292k
$5.84M
$4.17M
$3.24M
$321k
$6.42M
$4.59M
$3.57M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Property tax & assessments
Assessed value
$4,168,350
Assessed 2023
Previous assessed
$4,168,350
+0.0% YoY
Assessed land
$324,500
Assessed improvement
$3,843,850
Land market value
$477,206
Improvement market value
$5,652,720
Total market value
$6,129,926
Applied tax rate
422,202.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1896
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
42,854 SF
Lot
2.98 ac (129,809 SF)
Zoning code
CON
APN
422201 39.45-1-1.11
UPID
US63-0420805
Jurisdiction
SCHENECTADY
Zoning & alternative use
CON · Scotia, NYZoning CON · permitted uses
CON · Scotia, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1896
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
2.98 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CON
Jurisdiction
Scotia, NY
Recorded code
CON
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CON in Scotia, NY.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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