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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Industrial properties
2401 State Rte 208 Walden, NY 12586
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-6254003
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1982
Total area
27,159 SF
Lot
13.5 ac (588,060 SF)
APN
334289 12-1-48.1
UPID
US63-6254003
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Dmsny Holdings LLC · 7 yrs held
Dmsny Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
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 Walden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walden 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
LUMBERYARD, BUILDING MATERIALS
$1,400,000
Current use
WAREHOUSE, STORAGE
$1,360,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10%
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
$34 / 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
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$700,000
Assessed 2023
Previous assessed
$700,000
+0.0% YoY
Assessed land
$149,000
Assessed improvement
$551,000
Land market value
$354,769
Improvement market value
$1,311,931
Total market value
$1,666,700
Applied tax rate
334,201.0000
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
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
Off-Market
Year built
1982
Heating
NONE
Buildings
5
Stories
1
Total area
27,159 SF
Lot
13.5 ac (588,060 SF)
APN
334289 12-1-48.1
UPID
US63-6254003
Jurisdiction
ORANGE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
LUMBERYARD, BUILDING MATERIALS Current
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.4M
LUMBERYARD, BUILDING MATERIALS Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
1
Buildings
5
Lot
13.5 ac
Current owner
From public records · entity-resolved
Dmsny Holdings LLC
Entity
Mailing address
2401 STATE RTE 208, WALDEN, NY 12586
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2024
—
Dmsny Hldg LLC
—
Deed
related
$1,525,000 · First Bank
Jan 9, 2019
—
Dmsny Holdings LLC
Messco Building Supply
Quit Claim Deed
related
$81,165 · Peoples United Bank
May 17, 2017
—
Messco Building Supply INC
—
Deed
related
$1,346,000 · Bank Of America
Mar 18, 2015
$1,407,000
Messco Building Supply INC
1219 LLC
Grant Deed
—
Oct 27, 2009
$1,350,000
1219 LLC
Segal Associates
Grant Deed
—
Jul 21, 2005
$1,309,672
Segal Assoc Of Nj
Bradco Realty Corp
Warranty Deed
—
Aug 27, 2004
$1,300,000
Bradco Realty Co
Wickes Lumber
Warranty Deed
—
Dec 29, 2000
—
Wickes INC
—
Deed Of Trust
related
$3,437,500 · Fleet Retail Finance INC
—
—
Reed,james P Living Trust
—
Loan Modification
related
$1,464,598 · Catskill Hudson Bk
—
—
Dmsny Holdings LLC
—
Loan Modification
related
$1,350,000 · People's United Bk
—
—
Messco Building Supply INC
—
Deed Of Trust
related
$1,346,000 · Bank Of America
—
—
Messco Building Supply INC
—
Loan Modification, Consolidation And Extension
related
$1,346,000 · Bank Of America
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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