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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Medical Office Space
100 New Tpke Rd, Troy, NY 12182-1412
Entity Owned
6-yr Hold
Free & Clear
Property ID
US63-1643827
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1985
Total area
49,100 SF
Lot
4.36 ac (189,922 SF)
Zoning code
HD
APN
384289 70.15-3-42
UPID
US63-1643827
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
-
Melissa Olivett Physician Medical Clinic
-
Dr. Missy Blowers Physician
-
Missy B Summerfield Blowers Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$525k
Owner & transaction history
Troy Diamond Property LLC · 6 yrs held
Troy Diamond Property LLC
since 2019
5 recorded transactions
Zoning & alternative use
HD · Troy, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Troy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Troy 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
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$11 / 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
Property tax & assessments
Assessed value
$957,600
Assessed 2023
Previous assessed
$957,600
+0.0% YoY
Assessed land
$117,100
Assessed improvement
$840,500
Land market value
$729,595
Improvement market value
$5,236,760
Total market value
$5,966,355
Applied tax rate
381,701.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
49,100 SF
Lot
4.36 ac (189,922 SF)
Zoning code
HD
APN
384289 70.15-3-42
UPID
US63-1643827
Jurisdiction
RENSSELAER
Zoning & alternative use
HD · Troy, NY
Zoning HD · permitted uses
HD · Troy, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Troy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
4.36 ac
Current owner
From public records · entity-resolved
Troy Diamond Property LLC
Entity
Free & Clear · 6 yrs held
Mailing address
100 NEW TPKE RD, TROY, NY 12182-1412
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2019
—
Troy Diamond Property LLC
Diamond Hill Building LLC
Correction Deed
related
—
Jul 15, 2019
$11,050,000
Troy Diamond Property LLC
Diamond Hill Building LLC
Trustees Deed
related
$600,000 · Peapack Gladstone Bk
Jul 15, 2019
—
Troy Diamond Property LLC
—
Loan Modification
related
$9,750,000 · Peapack Gladstone Bk
Dec 22, 2014
—
Benjamin Landa
100 New Turnpike Road LLC
Grant Deed
related
—
Sep 13, 2010
$372,101
100 New Turnpike Road LLC
Highgate Manor Group LLC
Grant Deed
—
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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