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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Motels
175 Main St, Ellenville, NY 12428
Individually Owned
1-yr Hold
Free & Clear
Property ID
US63-0402981
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1970
Total area
7,268 SF
Lot
8.02 ac (349,351 SF)
Zoning code
B-3
APN
515601 91.21-1-1
UPID
US63-0402981
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
$600k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Shawangunk Rdgview Ter Ll · 1 yrs held
Shawangunk Rdgview Ter Ll
since 2024
Last sale
$600,000
2 recorded transactions
Zoning & alternative use
B-3 · Ellenville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$950,000
+142.9%
Auto repair, garage
$840,000
+114.6%
Commercial (general)
$730,000
+86.6%
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 Ellenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellenville 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
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$600,000
7%
$555,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$390,000
Current use
RESTAURANT
$950,000
Change: +143% · Conversion: Difficult
AUTO REPAIR, GARAGE
$840,000
Change: +115% · Conversion: Difficult
COMMERCIAL (GENERAL)
$730,000
Change: +87% · Conversion: Difficult
OFFICE BUILDING
$725,000
Change: +86% · Conversion: Difficult
WAREHOUSE, STORAGE
$495,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$485,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$460,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Oct 24 2024)
Last sale anchor
$600k
Oct 24 2024
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
$83 / 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
Property tax & assessments
Assessed value
$325,000
Assessed 2023
Previous assessed
$325,000
+0.0% YoY
Assessed land
$145,200
Assessed improvement
$179,800
Land market value
$204,507
Improvement market value
$253,239
Total market value
$457,746
Applied tax rate
515,602.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1970
Heating
NONE
Buildings
2
Stories
1
Total area
7,268 SF
Lot
8.02 ac (349,351 SF)
Zoning code
B-3
APN
515601 91.21-1-1
UPID
US63-0402981
Jurisdiction
ULSTER
Zoning & alternative use
B-3 · Ellenville, NY
Zoning B-3 · permitted uses
B-3 · Ellenville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellenville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$390,000
RESTAURANT
Est. value
$950,000
AUTO REPAIR, GARAGE
Est. value
$840,000
COMMERCIAL (GENERAL)
Est. value
$730,000
OFFICE BUILDING
Est. value
$725,000
WAREHOUSE, STORAGE
Est. value
$495,000
MEDICAL BUILDING
Est. value
$485,000
RETAIL STORES
Est. value
$460,000
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
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
1970
Heating
NONE
Stories
1
Buildings
2
Lot
8.02 ac
Current owner
From public records · entity-resolved
Shawangunk Rdgview Ter Ll
Individual
Free & Clear · 1 yrs held
Mailing address
175 S MAIN ST, ELLENVILLE, NY 12428
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2024
$600,000
Shawangunk Rdgview Ter Ll
175 South Main LLC
Deed
—
Jul 13, 2021
$550,000
175 South Main LLC
Benjaw Intl Corp
Deed
$275,000 · Conventus LLC
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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