Entity Owned Property summary
AI-generated overview
Located at 221 West Circular Street in Saratoga Springs, NY, this 5,900-square-foot mixed-use commercial building is configured to support a variety of uses, including warehouse space, retail areas, and office space, along with a loading dock. The property includes a private, fenced parking lot sized to accommodate multiple work vehicles. It sits on an in-town street with visibility and is approximately 0.5 miles from I-87. The property is zoned UR2, which allows principal and special uses such as neighborhood community establishments, small rooming houses, bed and breakfasts, children’s homes, community centers, family day care homes for adults, domestic violence shelters, educational facilities (primary or secondary), inns, lodging houses, places of worship, and private social clubs.
Property profile
Verified
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1994
Total area
5,992 SF
Lot
0.45 ac (19,602 SF)
Zoning code
UR2
APN
411501 165.73-2-47
UPID
US63-3792045
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$915k
Owner & transaction history
since 2023
Last sale
$900,000
2 recorded transactions
Zoning & alternative use
UR2 · Saratoga Springs, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$915k
Value range
$824k – $1.01M
±10% around blend
Estimated value / SF
$153 / SF
Confidence
High
9 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
90
$824k
blend $915k
$1.01M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,992 SF
Lot area
0.45 ac
Year built
1994
Stories
1
APN
411501 165.73-2-47
Zoning
UR2
Assessed value
$449,800
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.12M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.22M
@ 6.5% CAP return
$1.12M
@ 7% CAP return
$1.04M
4
Sales comparison
Partial preview
Sales approach indication
$322k
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
18.9 mi away · 6,622 SF
19.3 mi away · 5,662 SF
19.4 mi away · 6,090 SF
19.4 mi away · 4,338 SF
20.0 mi away · 5,728 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$915k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 53 sales
$283
-46%
Submarket 53 sales
$283
-46%
County 204 sales
$172
-11%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $153/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
8.00%
Implied, in-place cap rate for this other investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.00%
9.0%
NOI (est.)
$63k *
Last sale · Aug 2023
$900k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$788k
Move the market yield to see immediate price impact.
Value / SF
$131
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.50%8.00%8.50%
$57k
$756k
$709k
$667k
$63k
$840k
$788k
$741k
$69k
$924k
$866k
$815k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$408k
13.0 mi · Feb 2026 · $72/SF
Property tax & assessments
Property tax & assessments
Assessed value
$449,800
Assessed 2023
Previous assessed
$449,800
+0.0% YoY
Assessed land
$225,800
Assessed improvement
$224,000
Land market value
$434,231
Improvement market value
$430,769
Total market value
$865,000
Applied tax rate
411,500.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1994
Heating
NONE
Buildings
1
Stories
1
Total area
5,992 SF
Lot
0.45 ac (19,602 SF)
Zoning code
UR2
APN
411501 165.73-2-47
UPID
US63-3792045
Jurisdiction
SARATOGA
Zoning & alternative use
UR2 · Saratoga Springs, NYZoning UR2 · permitted uses
UR2 · Saratoga Springs, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Stories
1
Buildings
1
Lot
0.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
UR2
Jurisdiction
Saratoga Springs, NY
Recorded code
UR2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for UR2 in Saratoga Springs, NY.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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