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Property profile & analytics
OFF-MARKET
Specialty properties
101 Progress Rd, Gloversville, NY 12078-6713
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-3758259
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2003
Total area
6,810 SF
Lot
3.1 ac (135,036 SF)
Zoning code
C1
APN
173089 150.-7-7
UPID
US63-3758259
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
-
Animal Medical Center Veterinary Clinic
-
Animal Health Center Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nicholas Mormando · 5 yrs held
Nicholas Mormando
since 2021
Last sale
$120,000
5 recorded transactions
Zoning & alternative use
C1 · Gloversville, 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 Gloversville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gloversville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$194,000
Assessed 2023
Previous assessed
$194,000
+0.0% YoY
Assessed land
$53,000
Assessed improvement
$141,000
Land market value
$126,191
Improvement market value
$335,714
Total market value
$461,905
Applied tax rate
172,201.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2003
Heating
NONE
Buildings
326
Stories
1
Total area
6,810 SF
Lot
3.1 ac (135,036 SF)
Zoning code
C1
APN
173089 150.-7-7
UPID
US63-3758259
Jurisdiction
FULTON
Zoning & alternative use
C1 · Gloversville, NY
Zoning C1 · permitted uses
C1 · Gloversville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gloversville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Buildings
326
Lot
3.1 ac
Current owner
From public records · entity-resolved
Nicholas Mormando
Individual
Mailing address
101 PROGRESS RD, GLOVERSVILLE, NY 12078-6713
Ownership since
2021
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
Jun 23, 2021
$120,000
Nicholas Mormando
Renford R Scheuerman
Warranty Deed
—
Nov 13, 2014
—
Michael Tucci
Janice Tucci
Intrafamily Transfer
related
—
Jul 24, 2013
$270,000
Janice Tucci
Timron Mgmt. Servs., LLC
Deed
—
Jun 14, 2013
$265,000
LLC Timron Management Services
Patriot Federal Bank
Deed
—
Feb 3, 2012
$272,821
Patriot Federal Bank
Cjc LLC
Foreclosure
related
—
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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