Property profile

2242 State Rte 5th 5 Utica, NY 13502

OFF-MARKET
Motels
Property ID
US63-6201994
4,623 SF 1.6 ac lot Built 1987
Individually Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1987
Total area 4,623 SF
Lot 1.6 ac (69,696 SF)
Zoning code CH
APN 214800 104.11-1-25
UPID US63-6201994

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2242 State Rte 5th 5 Utica, NY 13502-7511
Utica metro Census 11302 UTICA-ROME, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2016
2 recorded transactions
2016
$130,000
2007
$199,000

Zoning & alternative use

CH · Utica, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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