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Property profile & analytics
OFF-MARKET
Estimated value
$3,405,000
Gas stations
220 Dolson Ave 224, Middletown, NY 10940-6994
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-1765251
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Lot
0.43 ac (18,750 SF)
Zoning code
C-3
APN
330900 54-1-10
UPID
US63-1765251
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
-
Citgo Gas Station
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.41M
Owner & transaction history
Justin Grater · 3 yrs held
Justin Grater
since 2022
Last sale
$3.0M
6 recorded transactions
Zoning & alternative use
C-3 · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
$3,880,000
ML approach
$3,745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.41M
Range $3.06M – $3.75M · ±10% · vs last sale $3.00M (Jun 10 2020)
Last sale anchor
$3.00M
Jun 10 2020
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
—
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 2021Property tax & assessments
Tax year 2021
Assessed value
$125,700
Assessed 2023
Previous assessed
$125,700
+0.0% YoY
Assessed land
$44,100
Assessed improvement
$81,600
Land market value
$441,000
Improvement market value
$816,000
Total market value
$1,257,000
Applied tax rate
330,900.0000
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Heating
NONE
Lot
0.43 ac (18,750 SF)
Zoning code
C-3
APN
330900 54-1-10
UPID
US63-1765251
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Middletown, NY
Zoning C-3 · permitted uses
C-3 · Middletown, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.43 ac
Current owner
From public records · entity-resolved
Justin Grater
Individual
Free & Clear · 3 yrs held
Mailing address
3 S OHIOVILLE RD, NEW PALTZ, NY 12561-4012
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2022
—
Justin Grater
Peter Horlick
Correction Deed
related
—
Feb 14, 2022
—
Gas Land Petroleum INC
—
Deed
related
$3,629,683 · M & T Bank
Jun 10, 2020
$3,000,000
Gas Land Petroleum INC
Ch Realty Viii Cg Ct Atlantis
Grant Deed
—
May 23, 2018
—
Ch Realty Viii Cg Ct Atlantis
—
Deed
related
$49,000 · Citizens Bk
Nov 20, 2017
$2,250,000
Ch Realty Viii Of Cg Ct Atlantis
General Equities INC
Grant Deed
—
—
—
Ch Realty Viii Cg Ct Atlantis
—
Deed Of Trust
related
$49,000 · Citizens Bk
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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