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Property profile & analytics
OFF-MARKET
Warehouses
1306 Rte 318th Rd, Waterloo, NY 13165
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-4672565
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Total area
1,056 SF
Lot
2.4 ac (104,544 SF)
Zoning code
2
APN
452400 15-1-21.111
UPID
US63-4672565
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
Finger Lakes Storage INC · 4 yrs held
Finger Lakes Storage INC
since 2022
Last sale
$148,000
6 recorded transactions
Zoning & alternative use
2 · Waterloo, 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 Waterloo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterloo 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
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$1,321
Tax year 2019
Assessed value
$185,000
Assessed 2023
Previous assessed
$185,000
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$23,500
Assessed improvement
$161,500
Land market value
$27,012
Improvement market value
$185,632
Total market value
$212,644
Applied tax rate
453,801.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Heating
ELECTRIC
Stories
1
Bathrooms
1
Total area
1,056 SF
Lot
2.4 ac (104,544 SF)
Zoning code
2
APN
452400 15-1-21.111
UPID
US63-4672565
Jurisdiction
SENECA
Zoning & alternative use
2 · Waterloo, NY
Zoning 2 · permitted uses
2 · Waterloo, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterloo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
ELECTRIC
Stories
1
Bathrooms
1
Lot
2.4 ac
Current owner
From public records · entity-resolved
Finger Lakes Storage INC
Entity
Mailing address
3195 E BAYARD ST EXT, SENECA FALLS, NY 13148-9702
Ownership since
2022
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
May 16, 2022
$148,000
Finger Lakes Storage INC
Finger Lks Indu Conr Corp
Warranty Deed
$148,000 · Community Bank NA
Mar 13, 2012
—
Contracting Corp Finger Lakes Indus
Melissa M Morganti
Intrafamily Transfer
related
—
Jun 2, 2011
$12,000
Melissa Morganti
Bonnie Morlang
Deed
—
Aug 6, 2009
$9,000
Ronald W Morland
Bonnie L Morlang
Intrafamily Transfer
related
—
Aug 5, 2009
$10,000
Philip S Griswold
Bonnie L Morlang
Deed
—
Jan 30, 2009
$85,000
Michael L De Brine
Bonnie L Morlang
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.
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