New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,140,000
Manufacturing properties
29 Victory Ln, Poughkeepsie, NY 12603-1562
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3374813
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1968
Total area
44,400 SF
Lot
6.05 ac (263,538 SF)
Zoning code
IH
APN
134689 6262-04-849206-0000
UPID
US63-3374813
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
-
Creekside Park Park
-
Stanfordville Machine & Manufacturing Company Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.90M
CAP Approach
CAP
$4.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.14M
Owner & transaction history
Digital Mfg Re LLC · 3 yrs held
Digital Mfg Re LLC
since 2023
Last sale
$5.1M
4 recorded transactions
Zoning & alternative use
IH · Poughkeepsie, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.5M
+329.3%
Commercial (general)
$4.4M
+239.8%
Auto repair, garage
$3.7M
+189.5%
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
$5,380,000
ML approach
$4,895,000
CAP Approach
CAP Return
Estimation
6%
$4,575,000
6.5%
$4,225,000
7%
$3,925,000
Alternative Use
Use
Estimation
RESTAURANT
$5,530,000
Change: +329% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,380,000
Change: +240% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,730,000
Change: +190% · Conversion: Easy
RETAIL STORES
$3,395,000
Change: +164% · Conversion: Moderate
OFFICE BUILDING
$3,320,000
Change: +158% · Conversion: Difficult
Blend value · Realmo final
$5.14M
Range $4.63M – $5.65M · ±10% · vs last sale $5.14M (Jan 18 2023)
Last sale anchor
$5.14M
Jan 18 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
$116 / 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
$83,403
Tax year 2020
Assessed value
$1,600,000
Assessed 2023
Previous assessed
$1,600,000
+0.0% YoY
Effective rate
5.21%
On assessed value
Assessed land
$324,000
Assessed improvement
$1,276,000
Land market value
$324,000
Improvement market value
$1,276,000
Total market value
$1,600,000
Applied tax rate
134,601.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1968
Heating
NONE
Stories
1
Total area
44,400 SF
Lot
6.05 ac (263,538 SF)
Zoning code
IH
APN
134689 6262-04-849206-0000
UPID
US63-3374813
Jurisdiction
DUTCHESS
Zoning & alternative use
IH · Poughkeepsie, NY
Zoning IH · permitted uses
IH · Poughkeepsie, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Poughkeepsie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RETAIL STORES
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.3M
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1968
Heating
NONE
Stories
1
Lot
6.05 ac
Current owner
From public records · entity-resolved
Digital Mfg Re LLC
Entity
Mailing address
150 N RIVERSIDE PLZ STE #2050, CHICAGO, IL 60606-1571
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jan 18, 2023
—
Digital Mfg Re LLC
Viking Mfg Properties LLC
Deed
—
Sep 2, 2014
$1,650,000
Viking Mfg Properties LLC
Fm Industries INC
Deed
—
Feb 8, 2012
$2,000,000
Fm Industries INC
Praxair Surface Technologies I
Grant Deed
—
—
—
Viking Mfg Properties LLC
—
Deed Of Trust
related
$1,320,000 · Rhinebeck Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 29 Victory Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
