Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1915 Vestal W Pkwy Vestal, NY 13850-1135

    • Amusement parks
    • 1,352 SF
    • 9.93 lot acres
    OFF-MARKET
    Last Sale
    Aug 22, 2022
    $700,000
    Value Estimations
    $725,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-3869950
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Inside Scoop at Chuckster's / Grocery & Convenience Store / Specialty Food Shop
    • CK'Sters Fun Park / Golf Course
    • Chuckster's Family Entertainment Center / Golf Course

    Property Details for 1915 Vestal W Pkwy

    Year built
    2010
    Lot size
    9.93 lot acres
    Property size
    1,352 SF
    Property type
    Amusement parks
    APN
    034800 172.11-3-15.12
    APU
    348001721131512

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $890,000
      ML approach
      $770,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vestal
    County
    Broome
    State
    New York
    Longitude
    -76.0839
    Latitude
    42.074
    CBSA code
    13780
    CBSA name
    BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $443,600
    $326,300
    $769,900
    -
    $443,600
    $326,300
    $769,900

    Comparable in this City

    • Value Estimation by Request
      43.84 Acres

      2 Rockwell Rd

      RECREATIONAL, ENTERTAINMENT • 43.84 Acres
      2 Rockwell Rd, Vestal, NY 13850
      View Details
    • Value Estimation
      $590,000
      9,060 SF

      317 Vestal W Pkwy

      RECREATIONAL, ENTERTAINMENT • 9,060 SF
      317 Vestal W Pkwy, Vestal, NY 13850-1550
      View Details
    • Value Estimation
      $2,700,000
      53,280 SF

      1901 Vestal E Pkwy

      RECREATIONAL, ENTERTAINMENT • 53,280 SF
      1901 Vestal E Pkwy, Vestal, NY 13850-1957
      View Details
    • Value Estimation
      $1,735,000
      45,836 SF

      213 Jensen Rd

      BOWLING ALLEY • 45,836 SF
      213 Jensen Rd, Vestal, NY 13850-2129
      View Details
    • Value Estimation
      $665,000
      12,200 SF

      541 Vestal W Pkwy

      RECREATIONAL, ENTERTAINMENT • 12,200 SF
      541 Vestal W Pkwy, Vestal, NY 13850-1571
      View Details
    • Value Estimation
      $755,000
      21,816 SF

      3401 Vestal Rd

      SKATING RINK, ICE SKATING, ROLLER SKATING • 21,816 SF
      3401 Vestal Rd, Vestal, NY 13850-2139
      View Details

    Similar Nearby for Sale

    • $1,099,000
      10,880 SF

      Vestal Parkway Office and Retail

      Prime office and retail space with high traffic and modern finishes.
      1040 Vestal Pkwy E, Vestal, NY 13850
      View Details
    • $650,000

      High-Visibility Corner Lot in Vestal

      4.23 acre corner lot zoned C-1 in Vestal, NY.
      400 N Main St, Vestal, NY 13850
      View Details
    • Contact for pricing
      0.55 Acres

      Vestal Land Ready For Home

      Residential land in Vestal, NY, with permits and utilities.
      421-429 Jane St, Vestal, NY 13850
      View Details
    • $420,000

      Prime Vestal Parkway Commercial Space

      Former Subway, Huge Potential!
      1805 Vestal Pkwy, Vestal, NY 13850
      View Details
    • $2,524,340

      Vestal Office Space Available

      Office property for sale in Vestal, New York.
      2316 Vestal Pkwy E, Vestal, NY 13850
      View Details
    • $1,594,000
      86,867 SF

      Senior Housing Development Opportunity

      Approved plans for 128 senior housing units on 5.06 acres.
      860 Vestal Rd, Vestal, NY 13850
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      274,814 SF

      Vestal Parkway Plaza Retail Center

      Prime Vestal retail space, multiple units available.
      3112-3128 Vestal Pkwy, Vestal, NY 13850
      View Details
    • $16 SF/Yr
      52,579 SF

      Class A Office Space Available

      Prime 1,500 SF office suite in Vestal, NY for lease.
      601 Gates Rd, Vestal, NY 13850
      View Details
    • Contact for pricing
      22,000 SF

      Retail Space in High-Traffic Area

      Retail spaces available in a busy, highly visible location.
      732 Vestal Pkwy E, Vestal, NY 13850
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space Near SUNY Binghamton

      Retail spaces available near SUNY Binghamton with ample parking.
      3112-3132 Vestal Pkwy E, Vestal, NY 13850
      View Details
    • Contact for pricing
      334,323 SF

      2405-2441 Vestal Pkwy

      Neighborhood centers • 334,323 SF
      2405-2441 Vestal Pkwy, Vestal, NY 13850
      View Details
    • $11 SF/Yr
      30,652 SF

      Vestal Office Space: Plaza Drive

      Prime Vestal office suites, 2,500-6,000 sq ft.
      400 Plaza Dr, Vestal, NY 13850
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1915 Vestal W Pkwy
    Vestal, NY 13850-1135
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.