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Property profile & analytics
OFF-MARKET
Commercial land
156 Delaware Ave Delmar, NY 12054-1302
Entity Owned
15-yr Hold
Free & Clear
Property ID
US63-1317379
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1958
Total area
4,256 SF
Lot
1.11 ac (48,352 SF)
Zoning code
CH
APN
012200 86.10-2-1
UPID
US63-1317379
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
A Lot In Delmar INC · 15 yrs held
A Lot In Delmar INC
since 2010
4 recorded transactions
Zoning & alternative use
CH · Delmar, 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 Delmar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delmar 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
Property tax & assessments
Assessed value
$50,000
Assessed 2023
Previous assessed
$50,000
+0.0% YoY
Assessed land
$50,000
Land market value
$66,667
Total market value
$66,667
Applied tax rate
12,206.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1958
Heating
NONE
Stories
1
Total area
4,256 SF
Lot
1.11 ac (48,352 SF)
Zoning code
CH
APN
012200 86.10-2-1
UPID
US63-1317379
Jurisdiction
ALBANY
Zoning & alternative use
CH · Delmar, NY
Zoning CH · permitted uses
CH · Delmar, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delmar. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
A Lot In Delmar INC
Entity
Free & Clear · 15 yrs held
Mailing address
1 RAPP RD, ALBANY, NY 12203-4491
Ownership since
2010
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 2, 2018
—
Delmar Mall Properties LLC
—
Deed
related
$125,000 · Pioneer Svgs Bk
Mar 29, 2017
—
Delmar Mall Properties LLC
—
Trustees Deed
related
$950,000 · Pioneer Svgs Bk
Dec 8, 2010
—
A Lot In Delmar INC
Smith Elizabeth Z
Grant Deed
—
—
—
Delmar Mall Properties LLC
—
Deed Of Trust
related
$125,000 · Pioneer Svgs Bk
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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