Entity Owned Property summary
AI-generated overview
This first-floor office suite is located in a professional office building on King’s Highway in Chester, New York, and is a corner unit accessed within an ADA-approved building with ample parking. The suite is configured as a large L-shaped corner room with four windows and 10-foot high ceilings, providing natural light. The building provides convenient access to downtown Chester’s main retail strip and is a short drive from Routes 17 and 17M, with convenient access from surrounding main roads. The building is maintained as an active multi-tenant office property with 17 other tenants.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Total area
6,000 SF
Lot
31.4 ac (1,367,784 SF)
Zoning code
IP
APN
332289 17-1-18.122
UPID
US63-4242137
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
-
Foster Care Service Social Service Agency
-
Foster Care Service Social Service Agency
-
Physician
-
Counselor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.72M
Owner & transaction history
since 2024
Last sale
$2.7M
4 recorded transactions
Zoning & alternative use
IP · Chester, NY
Top alternative use upside
Restaurant
$1.9M
+255.8%
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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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.72M
Value range
$2.44M – $2.99M
±10% around blend
Estimated value / SF
$453 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
40
$2.44M
blend $2.72M
$2.99M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,000 SF
Lot area
31.4 ac
Year built
2002
Stories
1
APN
332289 17-1-18.122
Zoning
IP
Assessed value
$1,012,200
Annual tax
$19,852
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$792k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
19.4 mi away · 7,188 SF
19.8 mi away · 5,673 SF
22.1 mi away · 4,744 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.72M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 76 sales
$87
+423%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $453/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+256%
vs current-use indication
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
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: replacement-cost inputs are not on file.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
2.20%
Implied, in-place cap rate for this other warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$190k *
Last sale · Mar 2024
$2.72M
* 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$8.64M
Move the market yield to see immediate price impact.
Value / SF
$1,440
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
1.70%2.20%2.70%
$171k
$10.06M
$7.78M
$6.34M
$190k
$11.18M
$8.64M
$7.04M
$209k
$12.30M
$9.50M
$7.74M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$950k
14.0 mi · Apr 2026 · $179/SF
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$19,852
Tax year 2021
Assessed value
$1,012,200
Assessed 2023
Previous assessed
$1,012,200
+0.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$232,800
Assessed improvement
$779,400
Land market value
$567,809
Improvement market value
$1,900,991
Total market value
$2,468,800
Applied tax rate
335,401.0000
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 warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
PARTIAL
Buildings
6
Stories
1
Total area
6,000 SF
Lot
31.4 ac (1,367,784 SF)
Zoning code
IP
APN
332289 17-1-18.122
UPID
US63-4242137
Jurisdiction
ORANGE
Zoning & alternative use
IP · Chester, NYZoning IP · permitted uses
IP · Chester, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Lot
31.4 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IP
Jurisdiction
Chester, NY
Recorded code
IP
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IP in Chester, NY.
What opens after registration
Zoning profile
3 official documentsVerified 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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