Entity Owned Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Total area
69,646 SF
Lot
4.96 ac (216,058 SF)
Zoning code
CI
APN
523400 288.8-1-5.2
UPID
US63-3904618
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.53M
CAP Approach
CAP
$8.25M
Comparable Approach
Comparable
$8.44M
Blend (final)
Blend
$8.42M
Owner & transaction history
since 2022
Last sale
$6.5M
2 recorded transactions
Zoning & alternative use
CI · Lake George, NY
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.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$8.42M
Value range
$7.58M – $9.26M
±10% around blend
Estimated value / SF
$121 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$7.58M
blend $8.42M
$9.26M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
69,646 SF
Lot area
4.96 ac
Year built
2006
Stories
4
APN
523400 288.8-1-5.2
Zoning
CI
Assessed value
$4,235,300
Annual tax
$47,865
3
Income approach: direct capitalization
Partial preview
Income approach indication
$8.25M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$8.93M
@ 6.5% CAP return
$8.25M
@ 7% CAP return
$7.66M
4
Sales comparison
Partial preview
Sales approach indication
$8.44M
Range $8.44M – $35.99M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.42M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$263
-54%
Submarket 21 sales
$263
-54%
County 33 sales
$242
-50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $121/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
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.
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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
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Overview
Implied cap rate
6.40%
Implied, in-place cap rate for this hotels
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.40%
9.0%
NOI (est.)
$455k *
Last sale · Mar 2022
$6.50M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.11M
Move the market yield to see immediate price impact.
Value / SF
$102
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
5.90%6.40%6.90%
$410k
$6.94M
$6.40M
$5.93M
$455k
$7.71M
$7.11M
$6.59M
$501k
$8.48M
$7.82M
$7.25M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$47,865
Tax year 2021
Assessed value
$4,235,300
Assessed 2023
Previous assessed
$4,235,300
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$539,000
Assessed improvement
$3,696,300
Land market value
$634,117
Improvement market value
$4,348,583
Total market value
$4,982,700
Applied tax rate
522,201.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
4
Total area
69,646 SF
Lot
4.96 ac (216,058 SF)
Zoning code
CI
APN
523400 288.8-1-5.2
UPID
US63-3904618
Jurisdiction
WARREN
Zoning & alternative use
CI · Lake George, NYZoning CI · permitted uses
CI · Lake George, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Cooling
Yes
Stories
4
Buildings
1
Lot
4.96 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CI
Jurisdiction
Lake George, NY
Recorded code
CI
Ownership Intelligence
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Ownership report
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.
They do not confirm beneficial ownership or intent to transact.
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