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Property profile & analytics
OFF-MARKET
Estimated value
$2,650,000
Automotive properties
1709 Rte 9th 1715 Wappingers Falls, NY 12590-1352
Individually Owned
5-yr Hold
Free & Clear
Property ID
US63-3040915
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1985
Total area
11,280 SF
Lot
2.23 ac (97,139 SF)
Zoning code
R7.5
APN
135601 6158-11-504541-0000
UPID
US63-3040915
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
$2.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.62M
Blend (final)
Blend
$2.65M
Owner & transaction history
Wfs-wappingers Falls Subaru Ll · 5 yrs held
Wfs-wappingers Falls Subaru Ll
since 2020
Last sale
$2.8M
6 recorded transactions
Zoning & alternative use
R7.5 · Wappingers Falls, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.2M
+77.1%
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 Wappingers Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wappingers Falls 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
$2,310,000
ML approach
$2,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,810,000
Current use
RESTAURANT
$3,205,000
Change: +77% · Conversion: Difficult
Blend value · Realmo final
$2.65M
Range $2.39M – $2.92M · ±10% · vs last sale $2.75M (Aug 28 2020)
Last sale anchor
$2.75M
Aug 28 2020
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
$235 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$26,567
Tax year 2020
Assessed value
$3,031,900
Assessed 2023
Previous assessed
$2,887,500
+5.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$800,000
Assessed improvement
$2,231,900
Land market value
$800,000
Improvement market value
$2,231,900
Total market value
$3,031,900
Applied tax rate
135,601.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Total area
11,280 SF
Lot
2.23 ac (97,139 SF)
Zoning code
R7.5
APN
135601 6158-11-504541-0000
UPID
US63-3040915
Jurisdiction
DUTCHESS
Zoning & alternative use
R7.5 · Wappingers Falls, NY
Zoning R7.5 · permitted uses
R7.5 · Wappingers Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wappingers Falls. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.8M
RESTAURANT
Est. value
$3.2M
AUTO REPAIR, GARAGE Current
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Stories
1
Lot
2.23 ac
Current owner
From public records · entity-resolved
Wfs-wappingers Falls Subaru Ll
Individual
Free & Clear · 5 yrs held
Mailing address
1715 RTE 9TH 9, WAPPINGERS FALLS, NY 12590-1352
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Aug 28, 2020
$2,750,000
Wfs-wappingers Falls Subaru Ll
Heart Kia LLC
Grant Deed
—
Aug 28, 2020
—
Wfs-wappingers Falls Subaru Ll
—
Deed
related
$2,200,000 · Wells Fargo Bk
Feb 16, 2017
—
Heart Kia LLC
—
Deed
related
$966,560 · M&t Bk
—
—
Heart Kia LLC
—
Loan Modification
related
$966,560 · M&t Bk
—
—
Wfs-wappingers Falls Subaru Ll
—
Deed Of Trust
related
$2,200,000 · Wells Fargo Bk
—
—
Heart Kia LLC
—
Deed Of Trust
related
$1,289,929 · Manufacturers Traders & Trust
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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