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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Showrooms
13101302 Wat General Rd, Waterloo, NY 13165
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-1891153
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1971
Total area
4,381 SF
Lot
11.45 ac (498,762 SF)
Zoning code
05 - COMMERCIAL
APN
453889 21-3-26
UPID
US63-1891153
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
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$518k
Blend (final)
Blend
$605k
Owner & transaction history
Gingbach Hospitality LLC · 5 yrs held
Gingbach Hospitality LLC
since 2021
Last sale
$598,000
4 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · 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
Method
Estimation
Statistic approach
$615,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $598k (Apr 21 2021)
Last sale anchor
$598k
Apr 21 2021
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
$138 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$434
Tax year 2019
Assessed value
$560,600
Assessed 2023
Previous assessed
$560,600
+0.0% YoY
Effective rate
0.08%
On assessed value
Assessed land
$232,000
Assessed improvement
$328,600
Land market value
$326,760
Improvement market value
$462,817
Total market value
$789,577
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1971
Heating
STEAM
Buildings
6
Stories
2
Bathrooms
2
Total area
4,381 SF
Lot
11.45 ac (498,762 SF)
Zoning code
05 - COMMERCIAL
APN
453889 21-3-26
UPID
US63-1891153
Jurisdiction
SENECA
Zoning & alternative use
05 - COMMERCIAL · Waterloo, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · 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
1971
Heating
STEAM
Stories
2
Buildings
6
Bathrooms
2
Lot
11.45 ac
Current owner
From public records · entity-resolved
Gingbach Hospitality LLC
Entity
Mailing address
4124 COUNTY LINE RD, MACEDON, NY 14502-9386
Ownership since
2021
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
Apr 21, 2021
$598,000
Gingbach Hospitality LLC
Riverpark Commons Wat LLC
Warranty Deed
—
Nov 14, 2019
—
Waterloo LLC Riverpark Co
River Park Commons LLC
Deed In Lieu Of Foreclosure
related
—
May 26, 2016
$850,000
River Park Commons, LLC
Commons Waterloo LLC Riverpark
Deed
—
Feb 12, 2009
$475,000
Waterloo LLC Riverpark Commons
Edwin G Nelson
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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