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Property profile & analytics
OFF-MARKET
Commercial land
2678 Main St Wappingers Falls, NY 12590-1953
Individually Owned
9-yr Hold
Free & Clear
Property ID
US63-0528391
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1970
Total area
3,120 SF
Lot
0.03 ac (1,307 SF)
Zoning code
CB
APN
134601 6158-14-286314-0000
UPID
US63-0528391
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
by Request
Owner & transaction history
Rachid Arraki · 9 yrs held
Rachid Arraki
since 2016
7 recorded transactions
Zoning & alternative use
CB · Wappingers Falls, 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 Wappingers Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wappingers Falls 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
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$30,600
Assessed 2023
Previous assessed
$27,500
+11.3% YoY
Assessed land
$30,600
Land market value
$30,600
Total market value
$30,600
Applied tax rate
135,601.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1970
Heating
NONE
Stories
1
Total area
3,120 SF
Lot
0.03 ac (1,307 SF)
Zoning code
CB
APN
134601 6158-14-286314-0000
UPID
US63-0528391
Jurisdiction
DUTCHESS
Zoning & alternative use
CB · Wappingers Falls, NYZoning CB · permitted uses
CB · Wappingers Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Rachid Arraki
Individual
Free & Clear · 9 yrs held
Mailing address
2252 1ST AVE APT 5D, NEW YORK, NY 10029-1644
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2016
$3,500
Rachid Arraki
Berend,eric V
Grant Deed
—
Nov 7, 2016
$600
Eric Berend
Owner Name Unavailable
Quit Claim Deed
—
Nov 26, 2013
—
John P Avital
County Of Dutchess
Quit Claim Deed
—
Nov 30, 2012
—
John P Avital
County Of Dutchess
Grant Deed
—
Jul 6, 2012
$425,472
County Of Dutchess
Barrack,pamela
Grant Deed
—
Jan 20, 2011
—
Weinmart LLC
Martin,michael H & Robert J
Quit Claim Deed
—
Nov 18, 2009
$22,000
Michael Weinrach
County Of Duthcess
Quit Claim Deed
—
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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