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Property profile & analytics
FOR LEASE
Office buildings
2555 South Rd Poughkeepsie, NY 12601
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US63-0029526
For Lease
1 / 5
$22 SF/Yr
2555 South Rd, Poughkeepsie, NY 12601
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2019
Total area
6,200 SF
Lot
0.78 ac (33,977 SF)
Zoning code
BH
APN
134689 6060-02-994630-0000
UPID
US63-0029526
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
-
Emergency One Urgent Care Medical Clinic
-
Poughkeepsie Uniform Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$868k
Blend (final)
Blend
$825k
Owner & transaction history
Fatm Properties LLC · 8 yrs held
Fatm Properties LLC
since 2018
6 recorded transactions
Zoning & alternative use
BH · Poughkeepsie, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$680,000
+30.6%
Auto repair, garage
$615,000
+17.7%
Commercial (general)
$565,000
+8.5%
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 Poughkeepsie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Poughkeepsie 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
OFFICE BUILDING
$520,000
Current use
WAREHOUSE, STORAGE
$680,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$615,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$565,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$133 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$68,924
Tax year 2020
Assessed value
$1,026,000
Assessed 2023
Previous assessed
$940,900
+9.0% YoY
Effective rate
6.72%
On assessed value
Assessed land
$328,600
Assessed improvement
$697,400
Land market value
$328,600
Improvement market value
$697,400
Total market value
$1,026,000
Applied tax rate
134,602.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
2019
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
6,200 SF
Lot
0.78 ac (33,977 SF)
Zoning code
BH
APN
134689 6060-02-994630-0000
UPID
US63-0029526
Jurisdiction
DUTCHESS
Zoning & alternative use
BH · Poughkeepsie, NYZoning BH · permitted uses
BH · Poughkeepsie, NY
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
OFFICE BUILDING Current
Est. value
$520,000
WAREHOUSE, STORAGE
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$565,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2019
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Fatm Properties LLC
Entity
Mailing address
40 HURLEY AVE STE #4, KINGSTON, NY 12401-3738
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2018
—
Fatm Properties LLC
Fatm Properties LLC
Quit Claim Deed
related
—
Jul 26, 2018
$10,000
Fatm Properties LLC
Town Of Poughkeepsie
Quit Claim Deed
related
—
Jun 5, 2018
$565,000
Fatm Properties LLC
716 Route 211 West Ltd
Grant Deed
—
May 11, 2015
$396,500
716 Route 211 West Ltd
Rjg Properties LLC
Grant Deed
—
—
—
Fatm Properties LLC
—
Loan Modification
related
$1,650,000 · Ulster Svgs Bk
—
—
716 Route 211 West Ltd
—
Deed Of Trust
related
$200,000 · Michael A & Nicholas J Patti
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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