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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Office buildings
12 Cornell Rd Latham, NY 12110-1407
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-6263551
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
38,208 SF
Lot
3.82 ac (166,399 SF)
Zoning code
19
APN
012689 18.-1-32.42
UPID
US63-6263551
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
-
Barbaruolo Law Firm Law Firm Financial Advisor
-
Kerr deVoe PC Law Firm
-
Lang Law Firm Law Firm
-
GP Fund Solutions Financial Advisor
-
ABB Inc Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$540k
Owner & transaction history
Ba 12 Cornell Road LLC · 18 yrs held
Ba 12 Cornell Road LLC
since 2008
Last sale
$482,000
6 recorded transactions
Zoning & alternative use
19 · Latham, 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 Latham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Latham 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
$390,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $482k (Feb 10 2020)
Last sale anchor
$482k
Feb 10 2020
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
$14 / 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
$2,400,000
Assessed 2023
Previous assessed
$2,400,000
+0.0% YoY
Assessed land
$468,800
Assessed improvement
$1,931,200
Land market value
$919,219
Improvement market value
$3,786,681
Total market value
$4,705,900
Applied tax rate
12,605.0000
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
OFFICE BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
38,208 SF
Lot
3.82 ac (166,399 SF)
Zoning code
19
APN
012689 18.-1-32.42
UPID
US63-6263551
Jurisdiction
ALBANY
Zoning & alternative use
19 · Latham, NY
Zoning 19 · permitted uses
19 · Latham, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Latham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
3.82 ac
Current owner
From public records · entity-resolved
Ba 12 Cornell Road LLC
Entity
Free & Clear · 18 yrs held
Mailing address
19 BRITISH AMERICAN BLVD W, LATHAM, NY 12110-6409
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Mar 19, 2008
—
Ba 12 Cornell Road LLC
Guzewich,james
Warranty Deed
related
—
Mar 1, 2006
—
Ba Ui Cornell Road LLC
Carroll,w M
Warranty Deed
related
—
Sep 22, 2005
—
Ba 12 Cornell Rd LLC
Orp
Warranty Deed
related
—
Aug 2, 2005
$180,000
W M Carroll
British American Development
Warranty Deed
—
—
—
Ba 12 Cornell Road LLC
—
Loan Modification
related
$1,774,244 · Ameritas Life Insurance Corp
—
—
Ba 12 Cornell Road LLC
—
Deed Of Trust
related
$140,755 · Ameritas Life Insurance Corp
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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