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Property profile & analytics
OFF-MARKET
Estimated value
$2,515,000
Medical Office Space
222 9th St Troy, NY 12180
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-0402704
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2020
Total area
3,540 SF
Lot
0.4 ac (17,424 SF)
Zoning code
HCD
APN
381700 101.31-9-25
UPID
US63-0402704
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
-
WellNow Urgent Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.52M
Owner & transaction history
288 8th Avenue LLC · 3 yrs held
288 8th Avenue LLC
since 2023
Last sale
$2.8M
4 recorded transactions
Zoning & alternative use
HCD · Troy, 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 Troy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Troy 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
$2,315,000
ML approach
$2,230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.52M
Range $2.26M – $2.77M · ±10% · vs last sale $2.75M (Jun 30 2023)
Last sale anchor
$2.75M
Jun 30 2023
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
$710 / 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
$676,000
Assessed 2023
Previous assessed
$676,000
+0.0% YoY
Assessed land
$94,000
Assessed improvement
$582,000
Land market value
$134,284
Improvement market value
$831,416
Total market value
$965,700
Applied tax rate
381,700.0000
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
2020
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
3,540 SF
Lot
0.4 ac (17,424 SF)
Zoning code
HCD
APN
381700 101.31-9-25
UPID
US63-0402704
Jurisdiction
RENSSELAER
Zoning & alternative use
HCD · Troy, NY
Zoning HCD · permitted uses
HCD · Troy, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Troy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
288 8th Avenue LLC
Entity
Free & Clear · 3 yrs held
Mailing address
509 STATE RTE 67, MALTA, NY 12020-4334
Ownership since
2023
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
Jun 30, 2023
$2,754,000
288 8th Avenue LLC
Hoosick Ventures LLC
Warranty Deed
—
Nov 9, 2020
—
Hoosick Ventures I LLC
—
Deed
related
$1,825,000 · Chemung Canal Tr
Jul 17, 2020
$296,500
Hoosick Ventures I LLC
9th St Troy Improvements INC
Grant Deed
—
—
—
Hoosick Ventures I LLC
—
Deed Of Trust
related
$1,825,000 · 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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