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Property profile & analytics
OFF-MARKET
Estimated value
$36,395,000
Manufacturing properties
10 Hudson Xing Dr Montgomery, NY 12549-2855
Entity Owned
Free & Clear
Property ID
US63-5507308
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2015
Total area
340,782 SF
Lot
37 ac (1,611,720 SF)
Zoning code
LUI
APN
333489 1-1-25
UPID
US63-5507308
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
McKesson Corporation Distribution Center Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$42.77M
Comparable Approach
Comparable
$42.90M
Blend (final)
Blend
$36.40M
Owner & transaction history
BLACKHAWK DEVELOPMENT LLC
BLACKHAWK DEVELOPMENT LLC
Zoning & alternative use
LUI · Montgomery, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$59.9M
+86.3%
Auto repair, garage
$56.9M
+76.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$46,330,000
6.5%
$42,765,000
7%
$39,710,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$32,165,000
Current use
COMMERCIAL (GENERAL)
$59,905,000
Change: +86% · Conversion: Difficult
AUTO REPAIR, GARAGE
$56,905,000
Change: +77% · Conversion: Easy
WAREHOUSE, STORAGE
$29,495,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$36.40M
Range $32.76M – $40.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$107 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$24,150,000
Assessed 2023
Previous assessed
$24,150,000
+0.0% YoY
Assessed land
$3,150,000
Assessed improvement
$21,000,000
Land market value
$4,548,730
Improvement market value
$30,324,870
Total market value
$34,873,600
Applied tax rate
334,201.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2015
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
340,782 SF
Lot
37 ac (1,611,720 SF)
Zoning code
LUI
APN
333489 1-1-25
UPID
US63-5507308
Jurisdiction
ORANGE
Zoning & alternative use
LUI · Montgomery, NY
Zoning LUI · permitted uses
LUI · Montgomery, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montgomery. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$32.2M
COMMERCIAL (GENERAL)
Est. value
$59.9M
AUTO REPAIR, GARAGE
Est. value
$56.9M
WAREHOUSE, STORAGE
Est. value
$29.5M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
37 ac
Current owner
From public records · entity-resolved
BLACKHAWK DEVELOPMENT LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2800 POST OAK BLVD STE #3700, HOUSTON, TX 77056-6170
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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