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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Retail space
2061 Western Ave Guilderland, NY 12084-9559
Individually Owned
21-yr Hold
Free & Clear
Property ID
US63-2164396
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
14,722 SF
Lot
2 ac (87,120 SF)
Zoning code
LB
APN
013089 51.02-1-8
UPID
US63-2164396
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
-
Walgreens Pharmacy Pharmacy
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Megan E. Gugino, PharmD Pharmacy
-
Egor A. Veselov, PharmD Pharmacy
-
Walgreens 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
$520k
Owner & transaction history
Route 155 & 20 Of Albany · 21 yrs held
Route 155 & 20 Of Albany
since 2005
3 recorded transactions
Zoning & alternative use
LB · Guilderland, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Local Business District (LB) General Business District (GB) Industrial District (I) Industrial Park District (IP) § 280-8 District locations and Official Zoning Map. The boundaries for each district are indicated on the "Official Zoning Map of the Town of Guilderland," which is adopted by reference. The Zoning Map shall be kept in the office of the Town Cler…
Zone name
Local Business
General category
COMMERCIAL
Zone area
310.06 ac
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 Guilderland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Guilderland 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$515,000
Current use
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
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
$35 / 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
$2,238,300
Assessed 2023
Previous assessed
$2,238,300
+0.0% YoY
Assessed land
$175,000
Assessed improvement
$2,063,300
Land market value
$205,882
Improvement market value
$2,427,412
Total market value
$2,633,294
Applied tax rate
13,002.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
14,722 SF
Lot
2 ac (87,120 SF)
Zoning code
LB
APN
013089 51.02-1-8
UPID
US63-2164396
Jurisdiction
ALBANY
Zoning & alternative use
LB · Guilderland, NYZoning LB · permitted uses
LB · Guilderland, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Local Business District (LB) General Business District (GB) Industrial District (I) Industrial Park District (IP) § 280-8 District locations and Official Zoning Map. The boundaries for each district are indicated on the "Official Zoning Map of the Town of Guilderland," which is adopted by reference. The Zoning Map shall be kept in the office of the Town Clerk and shall bear the Seal of the Town of Guilderland, a certification that it is the "Official Zoning Map of the Town of Guilderland" and its date of adoption. Changes made in district boundaries or matters portrayed on the Zoning Map shall be affixed to the Zoning Map after approval of the amendment by the Town Board. The Zoning Map, the records of its adoption, and amendments shall be preserved by the Town Clerk.
Zone name
Local Business
General category
COMMERCIAL
Zone area
310.06 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$515,000
RETAIL STORES Current
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
2006
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2 ac
Current owner
From public records · entity-resolved
Route 155 & 20 Of Albany
Individual
Free & Clear · 21 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2005
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
Jul 20, 2005
$380,000
Route 155 & 20 Of Albany
Bleser,raymond
Warranty Deed
—
—
—
155 & 20 Of Albany LP
—
Deed Of Trust
related
$561,079 · Chemung Canal Tr
—
—
155 & 20 Of Albany LP
—
Loan Modification, Consolidation And Extension
related
$4,479,900 · Chemung Canal Tr
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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