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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Showrooms
1176 Rte 9w, Fort Montgomery, NY 10922-7710
Entity Owned
15-yr Hold
Free & Clear
Property ID
US63-4127928
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1950
Total area
3,902 SF
Lot
0.65 ac (28,208 SF)
Zoning code
B
APN
333689 9-2-9.1
UPID
US63-4127928
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
-
Town of Highlands Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Bosch Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$525k
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$565k
Owner & transaction history
116 Route 9-w LLC · 15 yrs held
116 Route 9-w LLC
since 2011
3 recorded transactions
Zoning & alternative use
B · Fort Montgomery, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$805,000
+45.6%
Office building
$740,000
+34.3%
Auto repair, garage
$650,000
+17.8%
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 Fort Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Montgomery 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%
$565,000
6.5%
$525,000
7%
$485,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$555,000
Current use
RETAIL STORES
$805,000
Change: +46% · Conversion: Easy
OFFICE BUILDING
$740,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$650,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$145 / 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
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$439,000
Assessed 2023
Previous assessed
$439,000
+0.0% YoY
Assessed land
$93,400
Assessed improvement
$345,600
Land market value
$134,675
Improvement market value
$498,325
Total market value
$633,000
Applied tax rate
333,601.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1950
Heating
ELECTRIC
Buildings
1
Stories
1
Rooms
5
Bathrooms
2
Total area
3,902 SF
Lot
0.65 ac (28,208 SF)
Zoning code
B
APN
333689 9-2-9.1
UPID
US63-4127928
Jurisdiction
ORANGE
Zoning & alternative use
B · Fort Montgomery, NY
Zoning B · permitted uses
B · Fort Montgomery, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Montgomery. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$555,000
RETAIL STORES
Est. value
$805,000
OFFICE BUILDING
Est. value
$740,000
AUTO REPAIR, GARAGE
Est. value
$650,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
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
1950
Heating
ELECTRIC
Stories
1
Buildings
1
Rooms
5
Bathrooms
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
116 Route 9-w LLC
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX 269, HIGHLAND FALLS, NY 10928-0269
Ownership since
2011
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
May 3, 2011
$555,643
116 Route 9-w LLC
1992 Place Associates Ltd
Grant Deed
—
Jul 25, 2006
$600,000
1992 Place Associates Ltd
Kilgore,lawrence
Warranty Deed
—
Apr 5, 2005
$588,000
Lawrence R Kilgore
Tonneson,frank
Warranty Deed
—
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.
Try Rey
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