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Property profile & analytics
OFF-MARKET
Commercial land
12 Colwell St Addison, NY 14801-1301
Individually Owned
Free & Clear
Property ID
US63-6128752
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1900
Total area
805 SF
Lot
0.09 ac (3,920 SF)
Zoning code
02 - SINGLE RESIDENCE
APN
462001 349.08-01-056.000
UPID
US63-6128752
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Eugene V Wade
Eugene V Wade
since 2025
6 recorded transactions
Zoning & alternative use
02 - SINGLE RESIDENCE · Addison, 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 Addison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Addison 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,800
Assessed 2023
Previous assessed
$5,400
+25.9% YoY
Assessed land
$6,800
Land market value
$6,800
Total market value
$6,800
Applied tax rate
462,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1900
Heating
STEAM
Stories
2
Rooms
6
Bathrooms
1
Total area
805 SF
Lot
0.09 ac (3,920 SF)
Zoning code
02 - SINGLE RESIDENCE
APN
462001 349.08-01-056.000
UPID
US63-6128752
Jurisdiction
STEUBEN
Zoning & alternative use
02 - SINGLE RESIDENCE · Addison, NY
Zoning 02 - SINGLE RESIDENCE · permitted uses
02 - SINGLE RESIDENCE · Addison, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Addison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
STEAM
Stories
2
Rooms
6
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Eugene V Wade
Individual
Free & Clear · 0 yrs held
Mailing address
5551 LUCKETT RDB26, FORT MYERS, FL 33905-5509
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2025
$20,000
Eugene V Wade
Colwell Acres LLC
Deed
—
Mar 7, 2023
—
Crane Girls Prop LLC
Brian L Crane
Warranty Deed
—
Apr 6, 2022
—
Crane Girls Prop LLC
Crane Lyman E Est
Executors Deed
—
Jun 8, 2020
—
Lyman E Crane
Lyman E&m A Crane Irt
Warranty Deed
—
Mar 9, 2017
—
Brian L. (trustee) Crane
Lyman Crane
Intrafamily Transfer
related
—
Jul 30, 2010
$15,000
Lyman Crane
Steuben County
Foreclosure
related
—
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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