Property profile

1897 State Hwy 345 Madrid, NY 13660

OFF-MARKET
Hotels
Property ID
US63-0322447
7,965 SF 0.84 ac lot Built 1950
Individually Owned 22-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1950
Total area 7,965 SF
Lot 0.84 ac (36,590 SF)
Zoning code 01 - NOT ZONED
APN 405600 41.070-2-13.1
UPID US63-0322447

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1897 State Hwy 345 Madrid, NY 13660
Madrid metro Census 490500 OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

Zoning & alternative use

01 - NOT ZONED · Madrid, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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