Individually Owned 
For Sale
1 / 11
$214,900
104 Chapman Ave, Auburn, NY 13021
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Property summary
AI-generated overview
A retail storefront located on a corner lot, configured for street-level commercial use. The property is operated under an existing lease arrangement (details of which are documented separately) with reported continuity through 2030, and information indicates that certain tenant-owned equipment is included and may convey with the premises; prospective buyers would need to verify the specific items included through the lease and sales documentation. The site is described as having walkable and bikeable access based on third-party accessibility indicators, with walkScore and bikeScore noted as somewhat walkable and somewhat bikeable, respectively.
Property profile
Verified
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1950
Total area
1,012 SF
Lot
0.13 ac (5,698 SF)
Zoning code
R1
APN
050100 122.27-1-1.2
UPID
US63-5906392
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
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$70k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$50k
Owner & transaction history
since 2025
Last sale
$50,000
4 recorded transactions
Zoning & alternative use
R1 · Auburn, 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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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$50k
Value range
$45k – $55k
±10% around blend
Estimated value / SF
$49 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
30
Income certainty
100
$45k
blend $50k
$55k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,012 SF
Lot area
0.13 ac
Year built
1950
Stories
1
APN
050100 122.27-1-1.2
Zoning
R1
Assessed value
$59,800
Annual tax
$459
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$459
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$122k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.4 mi away · 1,280 SF
24.9 mi away · 1,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$50k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 53 sales
$67
-26%
Submarket 53 sales
$67
-26%
County 79 sales
$64
-22%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $49/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
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
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: income and sales evidence cover the value conclusion.
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Selected market yield
4.74%
Selected cap rate for this other investment properties
Derived from the Auburn market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.74%
9.0%
NOI (est.)
$10k *
Last sale · Dec 2023
$50k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$215k
Move the market yield to see immediate price impact.
Value / SF
$212
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
4.24%4.74%5.24%
$9k
$216k
$193k
$175k
$10k
$240k
$215k
$194k
$11k
$264k
$236k
$214k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$125k
0.9 mi · Feb 2026 · $95/SF
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$459
Tax year 2019
Assessed value
$59,800
Assessed 2023
Previous assessed
$59,800
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$33,300
Assessed improvement
$26,500
Land market value
$34,688
Improvement market value
$27,604
Total market value
$62,292
Applied tax rate
50,100.0000
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
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
1950
Heating
NONE
Buildings
1
Stories
1
Total area
1,012 SF
Lot
0.13 ac (5,698 SF)
Zoning code
R1
APN
050100 122.27-1-1.2
UPID
US63-5906392
Jurisdiction
CAYUGA
Zoning & alternative use
R1 · Auburn, NYZoning R1 · permitted uses
R1 · Auburn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
1
Buildings
1
Lot
0.13 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R1
Jurisdiction
Auburn, NY
Recorded code
R1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R1 in Auburn, NY.
What opens after registration
Zoning profile
Official documentVerified 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.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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