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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Office buildings
116 Jensen Rd Vestal, NY 13850
Entity Owned
20-yr Hold
Free & Clear
Property ID
US63-2419757
Property summary
AI-generated overview
This exceptional Class A medical office building, located at 116 N Jensen Rd, Vestal, NY 13850, offers 9,264 square feet on a 1.58-acre lot. The single-tenant space comprises 2,376 square feet, perfectly suited for a medical practice. The property boasts a fully renovated interior featuring three exam rooms, two consultation offices, a reception area, a lab, and a conference room. High-quality upgraded finishes ensure immediate occupancy. Ample on-site parking is available, complemented by a convenient covered drive-up entrance. Excellent visibility is guaranteed, with prominent placement visible from Vestal Parkway and across from a major retailer. Signage opportunities are available on the monument sign. This property presents a rare opportunity to acquire a turnkey medical office building in a high-traffic, desirable location. The building is a single-story structure.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2006
Total area
9,264 SF
Lot
1.58 ac (68,825 SF)
Zoning code
CD
APN
034800 158.11-2-44
UPID
US63-2419757
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
-
Lourdes UHS Medical Clinic
-
Kidney Care Clinic Medical Clinic
-
Fresenius Kidney Care Vestal Medical Clinic
-
Olga Verbitskiy Physician
-
Venkatesh Babu Jayaraman Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.08M
Owner & transaction history
Difrancesco Dev Group · 20 yrs held
Difrancesco Dev Group
since 2005
3 recorded transactions
Zoning & alternative use
CD · Vestal, 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 Vestal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vestal 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
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±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
$116 / 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
$1,449,300
Assessed 2023
Previous assessed
$1,449,300
+0.0% YoY
Assessed land
$516,000
Assessed improvement
$933,300
Land market value
$516,000
Improvement market value
$933,300
Total market value
$1,449,300
Applied tax rate
34,801.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
9,264 SF
Lot
1.58 ac (68,825 SF)
Zoning code
CD
APN
034800 158.11-2-44
UPID
US63-2419757
Jurisdiction
BROOME
Zoning & alternative use
CD · Vestal, NY
Zoning CD · permitted uses
CD · Vestal, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vestal. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
Difrancesco Dev Group
Entity
Free & Clear · 20 yrs held
Mailing address
1550 VESTAL PKWY E, VESTAL, NY 13850-1838
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2005
—
Difrancesco Dev Group
G & C Vultaggio Family LLC
Warranty Deed
related
—
Jun 23, 2005
$475,000
Difrancesco Dev Grp
C & G Vultaggio Family LLC
Warranty Deed
—
—
—
Difrancesco Dev Group-jensen R
—
Loan Modification, Consolidation And Extension
related
$3,035,583 · Visions FCU
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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