Individually Owned Property summary
AI-generated overview
The property includes a private office suite located at 12 Spring Street in Schuylerville, New York, within Saratoga County. The suite is configured to provide an open, naturally lit interior through large windows and is sized to accommodate approximately 1 to 3 people. It is set up for day-to-day professional use with windowed privacy, and includes on-site parking and building access available 24 hours a day. The suite is designed for a dedicated office environment, with utilities handled through tenant responsibility for a stated percentage of costs.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Total area
13,316 SF
Lot
1.55 ac (67,518 SF)
Zoning code
CONF
APN
415001 157.48-1-12
UPID
US63-5711729
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
-
Environmental Consultant Economic Consultant
-
Family Counselor
-
City Government Office
-
City Government Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.96M
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$2.15M
Owner & transaction history
since 2008
4 recorded transactions
Zoning & alternative use
CONF · Schuylerville, NY
Top alternative use upside
Restaurant
$3.6M
+34.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.15M
Value range
$1.94M – $2.37M
±10% around blend
Estimated value / SF
$161 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$1.94M
blend $2.15M
$2.37M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
13,316 SF
Lot area
1.55 ac
Year built
1960
Stories
2
APN
415001 157.48-1-12
Zoning
CONF
Assessed value
$1,900,600
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.96M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.20M
@ 6.5% CAP return
$2.96M
@ 7% CAP return
$2.75M
4
Sales comparison
Partial preview
Sales approach indication
$1.49M
Range $382k – $1.75M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.15M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 71 sales
$199
-19%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $161/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+34%
vs current-use indication
Office Building · current use
Commercial (general)
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.90M
Move the market yield to see immediate price impact.
Value / SF
$143
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$120k
$2.39M
$1.71M
$1.33M
$133k
$2.66M
$1.90M
$1.48M
$146k
$2.93M
$2.09M
$1.63M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Property tax & assessments
Assessed value
$1,900,600
Assessed 2023
Previous assessed
$1,900,600
+0.0% YoY
Assessed land
$44,400
Assessed improvement
$1,856,200
Land market value
$64,818
Improvement market value
$2,709,781
Total market value
$2,774,599
Applied tax rate
415,001.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Heating
NONE
Buildings
3
Stories
2
Total area
13,316 SF
Lot
1.55 ac (67,518 SF)
Zoning code
CONF
APN
415001 157.48-1-12
UPID
US63-5711729
Jurisdiction
SARATOGA
Zoning & alternative use
CONF · Schuylerville, NYZoning CONF · permitted uses
CONF · Schuylerville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
2
Buildings
3
Lot
1.55 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CONF
Jurisdiction
Schuylerville, NY
Recorded code
CONF
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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