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Property profile & analytics
OFF-MARKET
Individual retail properties
221 Wolf Rd Albany, NY 12205-1114
Entity Owned
18-yr Hold
Free & Clear
Property ID
US63-2921587
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1981
Total area
10,372 SF
Lot
1 ac (43,560 SF)
Zoning code
12
APN
012689 30.4-1-39
UPID
US63-2921587
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
-
Dubois Beauty & Wellness Cosmetic Store
-
Complexions Spa for Beauty & Wellness Spa & Massage Center
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
221 Wolf Road Associates LLC · 18 yrs held
221 Wolf Road Associates LLC
since 2007
4 recorded transactions
Zoning & alternative use
12 · Albany, 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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
Property tax & assessments
Assessed value
$800,000
Assessed 2023
Previous assessed
$800,000
+0.0% YoY
Assessed land
$315,000
Assessed improvement
$485,000
Land market value
$617,636
Improvement market value
$950,964
Total market value
$1,568,600
Applied tax rate
12,605.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1981
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
10,372 SF
Lot
1 ac (43,560 SF)
Zoning code
12
APN
012689 30.4-1-39
UPID
US63-2921587
Jurisdiction
ALBANY
Zoning & alternative use
12 · Albany, NY
Zoning 12 · permitted uses
12 · Albany, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Albany. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1 ac
Current owner
From public records · entity-resolved
221 Wolf Road Associates LLC
Entity
Free & Clear · 18 yrs held
Mailing address
221 WOLF RD, ALBANY, NY 12205-1114
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2007
$1,500,000
221 Wolf Road Associates LLC
J & E Cerone INC
Grant Deed
—
Dec 4, 2007
$500,000
J & E Cerone INC
Cerone John J JR
Grant Deed
related
—
—
—
221 Wolf Road LLC
—
Deed Of Trust
related
$435,000 · Al Tech Trust Fund
—
—
221 Wolf Road Associates LLC
—
Deed Of Trust
related
$208,071 · Al Tech Trust Fund
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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