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Property profile & analytics
OFF-MARKET
Medical Office Space
1991 Balsley Rd Seneca Falls, NY 13148-6725
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-1691556
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2002
Total area
14,178 SF
Lot
43.2 ac (1,881,792 SF)
Zoning code
C-2
APN
453289 33-1-21.2
UPID
US63-1691556
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
-
ERIC R SHIVES Pediatrician Physician
-
Stobie David W Physician
-
Corbett Danielle E Employment Agency
-
Steinkohl Loretta J Physician
-
Brooke Cool Physician
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
Solidiers&sailorsm Memo · 5 yrs held
Solidiers&sailorsm Memo
since 2021
1 recorded transaction
Zoning & alternative use
C-2 · Seneca Falls, 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 Seneca Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seneca 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
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
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$23,269
Tax year 2019
Assessed value
$2,275,000
Assessed 2023
Previous assessed
$1,712,000
+32.9% YoY
Effective rate
1.02%
On assessed value
Assessed land
$947,000
Assessed improvement
$1,328,000
Land market value
$947,000
Improvement market value
$1,328,000
Total market value
$2,275,000
Applied tax rate
453,801.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
14,178 SF
Lot
43.2 ac (1,881,792 SF)
Zoning code
C-2
APN
453289 33-1-21.2
UPID
US63-1691556
Jurisdiction
SENECA
Zoning & alternative use
C-2 · Seneca Falls, NY
Zoning C-2 · permitted uses
C-2 · Seneca Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seneca Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
43.2 ac
Current owner
From public records · entity-resolved
Solidiers&sailorsm Memo
Individual
Mailing address
196 NN ST, GENEVA, NY 14456-1651
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2021
—
Solidiers&sailorsm Memo
Seneca Commons LLC
Deed
—
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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