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Property profile & analytics
OFF-MARKET
Estimated value
$12,075,000
Warehouses
30 Veterans Memorial Dr, Troy, NY 12183-1517
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-1476508
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Total area
251,672 SF
Lot
16.18 ac (704,801 SF)
Zoning code
06 - INDUSTRIAL
APN
012801 20.12-5-1.12
UPID
US63-1476508
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
-
Sealy Mattress Company Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.33M
Blend (final)
Blend
$12.08M
Owner & transaction history
Arc Sygriny001 LLC · 14 yrs held
Arc Sygriny001 LLC
since 2011
3 recorded transactions
Zoning & alternative use
06 - INDUSTRIAL · Troy, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$16.2M
+48.8%
Commercial (general)
$13.1M
+20.6%
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 Troy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Troy 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
WAREHOUSE, STORAGE
$10,880,000
Current use
OFFICE BUILDING
$16,195,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,120,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$12.08M
Range $10.87M – $13.28M · ±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
$48 / 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
Property tax & assessments
Assessed value
$14,340,300
Assessed 2023
Previous assessed
$14,340,300
+0.0% YoY
Assessed land
$829,500
Assessed improvement
$13,510,800
Land market value
$1,063,462
Improvement market value
$17,321,538
Total market value
$18,385,000
Applied tax rate
12,801.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
251,672 SF
Lot
16.18 ac (704,801 SF)
Zoning code
06 - INDUSTRIAL
APN
012801 20.12-5-1.12
UPID
US63-1476508
Jurisdiction
ALBANY
Zoning & alternative use
06 - INDUSTRIAL · Troy, NY
Zoning 06 - INDUSTRIAL · permitted uses
06 - INDUSTRIAL · Troy, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Troy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$10.9M
OFFICE BUILDING
Est. value
$16.2M
COMMERCIAL (GENERAL)
Est. value
$13.1M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
2003
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
16.18 ac
Current owner
From public records · entity-resolved
Arc Sygriny001 LLC
Entity
Mailing address
100 TEMPUR WAY, LEXINGTON, KY 40511
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2011
$17,943,564
Arc Sygriny001 LLC
Vmd Associates LLC
Grant Deed
$11,500,000 · Us Bank NA #2005-gg5 (ce)
Sep 2, 2005
—
Vmd Associates
Village Of Green Island I Ndus
Warranty Deed
related
—
Jul 2, 2004
—
Green Island Contracting LLC
Christan Partners
Warranty Deed
related
—
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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