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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Gas stations
122-126 Rte 311 Carmel, NY 10512
Entity Owned
21-yr Hold
Free & Clear
Property ID
US63-3717819
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1981
Total area
7,400 SF
Lot
1.97 ac (85,813 SF)
Zoning code
C
APN
372200 22.-2-15
UPID
US63-3717819
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
$640k
Owner & transaction history
Chestnut Petroleum Dist INC · 21 yrs held
Chestnut Petroleum Dist INC
since 2005
4 recorded transactions
Zoning & alternative use
C · Carmel, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C. No existing building shall be demolished to accommodate the uses set forth herein, unless the Planning Board, after consultation with the Building Inspector, determines that the dwelling is uninhabitable and cannot be rehabilitated. Cost alone shall not be the determinative factor in whether a building can be rehabilitated. New buildings shall be designed…
Zone name
Commercial
General category
COMMERCIAL
Zone area
286.26 ac
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 Carmel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmel 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
$86 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$651,120
Assessed 2023
Previous assessed
$651,120
+0.0% YoY
Assessed land
$117,440
Assessed improvement
$533,680
Land market value
$170,698
Improvement market value
$775,697
Total market value
$946,395
Applied tax rate
372,002.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1981
Heating
NONE
Buildings
1
Stories
1
Total area
7,400 SF
Lot
1.97 ac (85,813 SF)
Zoning code
C
APN
372200 22.-2-15
UPID
US63-3717819
Jurisdiction
PUTNAM
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C · Carmel, NYZoning C · permitted uses
C · Carmel, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C. No existing building shall be demolished to accommodate the uses set forth herein, unless the Planning Board, after consultation with the Building Inspector, determines that the dwelling is uninhabitable and cannot be rehabilitated. Cost alone shall not be the determinative factor in whether a building can be rehabilitated. New buildings shall be designed to be consistent with the overall residential appearance of the corridor. D. The maximum lot coverage, including all parking areas, shall not exceed 40% of the total lot area. E. The lot on which the use is proposed shall have a minimum 50 feet of street frontage and shall obtain vehicular access directly to a street or highway identified in Subsection A above.
Zone name
Commercial
General category
COMMERCIAL
Zone area
286.26 ac
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Stories
1
Buildings
1
Lot
1.97 ac
Current owner
From public records · entity-resolved
Chestnut Petroleum Dist INC
Entity
Free & Clear · 21 yrs held
Mailing address
536 MAIN ST, NEW PALTZ, NY 12561-1609
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2005
$1,000,000
Chestnut Petroleum Dist INC
Barrett & Senita INC
Grant Deed
—
—
—
Chestnut Petroleum Dist INC
—
Deed Of Trust
related
$1,230,000 · Citicorp Leasing INC
—
—
Chestnut Petroleum Dist INC
—
Deed Of Trust
related
$170,000 · Citicorp Leasing INC
—
—
Chestnut Petroleum Dist INC
—
Deed Of Trust
related
$11,271,000 · Manufacturers Traders & Trust
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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