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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Parking lots & garages
111 Rte 59 Spring Valley, NY 10977-6095
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US63-2410503
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1970
Total area
6,445 SF
Lot
0.34 ac (14,810 SF)
Zoning code
RS
APN
392003 57.56-2-9
UPID
US63-2410503
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
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$730k
Blend (final)
Blend
$630k
Owner & transaction history
Country Realty Co · 9 yrs held
Country Realty Co
since 2016
7 recorded transactions
Zoning & alternative use
RS · Spring Valley, 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 Spring Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Valley 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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,035,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$98 / 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
$94,710
Assessed 2023
Previous assessed
$94,710
+0.0% YoY
Assessed land
$87,210
Assessed improvement
$7,500
Land market value
$228,637
Improvement market value
$19,663
Total market value
$248,300
Applied tax rate
392,602.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
6,445 SF
Lot
0.34 ac (14,810 SF)
Zoning code
RS
APN
392003 57.56-2-9
UPID
US63-2410503
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
RS · Spring Valley, NY
Zoning RS · permitted uses
RS · Spring Valley, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Valley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.0M
AUTO REPAIR, GARAGE
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
1970
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Country Realty Co
Entity
Mailing address
125 RTE 59, SPRING VALLEY, NY 10977-6095
Ownership since
2016
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
Dec 8, 2016
$1,325,000
Country Realty Co
Jack Barnett & Harold Silver R
Grant Deed
—
Dec 8, 2016
—
Country Realty Co
—
Deed
related
$1,001,850,000 · Manufacturers & Traders Tr
Apr 9, 2008
—
Jack Barnett & Harold Silver Realty
Scott Barnett Howard
Bargain And Sale Deed
$750,000 · Jpmorgan Chase Bank NA
Apr 8, 2008
—
Jack Barnett
Barnett,howard S & Cathy
Quit Claim Deed
related
—
—
—
Jack Barnett
—
Deed Of Trust
related
$537,000 · Nybdc Local Dev Corp
—
—
Jack Barnett
—
Deed Of Trust
related
$523,000 · Greater Hudson Bank NA
—
—
Country Realty Co
—
Loan Modification
related
$1,001,850,000 · Manufacturers & Traders Tr
—
—
Donald Stuhmer
—
Deed Of Trust
related
$500,000 · North Fork Bank
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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