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Property profile & analytics
OFF-MARKET
Office buildings
164 State Rte 224, Van Etten, NY 14889-9723
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-5215546
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Total area
2,400 SF
Lot
1.5 ac (65,340 SF)
Zoning code
01 - NOT ZONED
APN
073800 44.00-1-12.122
UPID
US63-5215546
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
Beecon Properties Of Cny · 5 yrs held
Beecon Properties Of Cny
since 2021
Last sale
$132,500
3 recorded transactions
Zoning & alternative use
01 - NOT ZONED · Van Etten, 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 Van Etten submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Van Etten 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 2020Property tax & assessments
Tax year 2020
Assessed value
$153,000
Assessed 2023
Previous assessed
$153,000
+0.0% YoY
Assessed land
$21,500
Assessed improvement
$131,500
Land market value
$29,054
Improvement market value
$177,703
Total market value
$206,757
Applied tax rate
493,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Cooling
CENTRAL
Stories
1
Total area
2,400 SF
Lot
1.5 ac (65,340 SF)
Zoning code
01 - NOT ZONED
APN
073800 44.00-1-12.122
UPID
US63-5215546
Jurisdiction
CHEMUNG
Zoning & alternative use
01 - NOT ZONED · Van Etten, NY
Zoning 01 - NOT ZONED · permitted uses
01 - NOT ZONED · Van Etten, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Van Etten. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Cooling
Yes
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Beecon Properties Of Cny
Entity
Mailing address
450 BARNES HL RD, NEWFIELD, NY 14867-9765
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2021
$132,500
Beecon Properties Of Cny
Gk Vergason LLC
Warranty Deed
—
May 9, 2014
$145,000
Gk Vergason, LLC
Inspire S-ve, INC.
Deed
—
Jan 5, 2011
$39,460
INC Inspire Sve
Spencer Van Etten
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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