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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Motels
101 State Rte 104, Oswego, NY 13126-2806
Individually Owned
20-yr Hold
Free & Clear
Property ID
US63-0063790
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1965
Total area
17,776 SF
Lot
3.54 ac (154,202 SF)
Zoning code
CB
APN
351200 128.42-03-06
UPID
US63-0063790
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.10M
Owner & transaction history
Matangi Motels · 20 yrs held
Matangi Motels
since 2005
7 recorded transactions
Zoning & alternative use
CB · Oswego, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+100.6%
Office building
$1.2M
+42.8%
Auto repair, garage
$1.2M
+37.6%
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 Oswego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oswego 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$870,000
Current use
COMMERCIAL (GENERAL)
$1,745,000
Change: +101% · Conversion: Difficult
OFFICE BUILDING
$1,240,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,195,000
Change: +38% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,075,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$1,005,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$795,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±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
$62 / 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
$1,225,000
Assessed 2023
Previous assessed
$1,225,000
+0.0% YoY
Assessed land
$194,900
Assessed improvement
$1,030,100
Land market value
$234,819
Improvement market value
$1,241,085
Total market value
$1,475,904
Applied tax rate
351,200.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1965
Heating
NONE
Buildings
1
Stories
2
Total area
17,776 SF
Lot
3.54 ac (154,202 SF)
Zoning code
CB
APN
351200 128.42-03-06
UPID
US63-0063790
Jurisdiction
OSWEGO
Zoning & alternative use
CB · Oswego, NY
Zoning CB · permitted uses
CB · Oswego, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oswego. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$870,000
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$795,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
MEDICAL BUILDING
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
1965
Heating
NONE
Stories
2
Buildings
1
Lot
3.54 ac
Current owner
From public records · entity-resolved
Matangi Motels
Individual
Free & Clear · 20 yrs held
Mailing address
101 STATE RTE 104, OSWEGO, NY 13126-2806
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2017
—
Matangi Motels INC
—
Deed
related
$475,000 · Us Small Busn Admn
Apr 5, 2017
—
Matangi Motels LLC
—
Deed
related
$24,715 · City/oswego
Sep 26, 2005
—
Matangi Motels
City Of Oswego
Warranty Deed
related
—
Oct 29, 2004
$1,375,000
Matangi Motels LLC
Thomas,steven W
Warranty Deed
—
—
—
Matangi Motels LLC
—
Deed Of Trust
related
$48,600 · City Of Oswego
—
—
Matangi Motels LLC
—
Deed Of Trust
related
$24,715 · City/oswego
—
—
Matangi Motels LLC
—
Deed Of Trust
related
$414,000 · Us Small Busn Admn
—
—
Matangi Motels INC
—
Deed Of Trust
related
$475,000 · Us Small Busn Admn
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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