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Property profile & analytics
OFF-MARKET
Community centers
173 Market St Potsdam, NY 13676-1221
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3651538
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2006
Total area
14,550 SF
Lot
2 ac (87,120 SF)
Zoning code
01 - NOT ZONED
APN
407403 64.042-1-4.32
UPID
US63-3651538
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
Current use
Occupant on record · Public records
-
Michael W. Pratt, BS Pharmacy
-
Kim L. Sprague, RPh Pharmacy
-
Western Union Bank Credit Union
-
COVID-19 Drive-Thru Testing at Walgreens Medical Laboratory
-
Nicholas Mills Pharmacy
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
Inconimercial Net Lease Dst 4 · 4 yrs held
Inconimercial Net Lease Dst 4
since 2021
3 recorded transactions
Zoning & alternative use
01 - NOT ZONED · Potsdam, 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 Potsdam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Potsdam 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
$1,583,000
Assessed 2023
Previous assessed
$1,583,000
+0.0% YoY
Assessed land
$160,000
Assessed improvement
$1,423,000
Land market value
$216,216
Improvement market value
$1,922,973
Total market value
$2,139,189
Applied tax rate
407,402.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
14,550 SF
Lot
2 ac (87,120 SF)
Zoning code
01 - NOT ZONED
APN
407403 64.042-1-4.32
UPID
US63-3651538
Jurisdiction
ST LAWRENCE
Zoning & alternative use
01 - NOT ZONED · Potsdam, NY
Zoning 01 - NOT ZONED · permitted uses
01 - NOT ZONED · Potsdam, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Potsdam. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2 ac
Current owner
From public records · entity-resolved
Inconimercial Net Lease Dst 4
Individual
Mailing address
117 N JEFFERSON ST STE #303, CHICAGO, IL 60661-2300
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Sep 22, 2021
$4,341,500
Inconimercial Net Lease Dst 4
Potsdam LLC
Deed
$41,570,000 · Citi Reals Estate Funding INC
Dec 5, 2016
—
Potsdam LLC
—
Deed
related
$2,300,000 · Miscellaneous Ins Co
—
—
Potsdam LLC
—
Deed Of Trust
related
$2,300,000 · Miscellaneous Ins Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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