Entity Owned Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1975
Total area
3,596 SF
Lot
2.11 ac (91,912 SF)
Zoning code
R-RE
APN
523200 298.11-2-38
UPID
US63-3216105
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hotel & Motel
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$425k
Comparable Approach
Comparable
$452k
Blend (final)
Blend
$840k
Owner & transaction history
since 2022
Last sale
$650,000
1 recorded transaction
Zoning & alternative use
R-RE · Lake Luzerne, NY
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$840k
Value range
$756k – $924k
±10% around blend
Estimated value / SF
$234 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$756k
blend $840k
$924k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,596 SF
Lot area
2.11 ac
Year built
1975
Stories
1
APN
523200 298.11-2-38
Zoning
R-RE
Assessed value
$503,000
3
Income approach: direct capitalization
Partial preview
Income approach indication
$425k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$460k
@ 6.5% CAP return
$425k
@ 7% CAP return
$395k
4
Sales comparison
Partial preview
Sales approach indication
$452k
Range $436k – $1.95M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$840k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 33 sales
$242
-4%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $234/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
3.30%
Implied, in-place cap rate for this motels
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.30%
9.0%
NOI (est.)
$46k *
Last sale · Oct 2022
$650k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.38M
Move the market yield to see immediate price impact.
Value / SF
$383
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.80%3.30%3.80%
$41k
$1.46M
$1.24M
$1.08M
$46k
$1.63M
$1.38M
$1.20M
$50k
$1.79M
$1.52M
$1.32M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$503,000
Assessed 2023
Previous assessed
$503,000
+0.0% YoY
Assessed land
$210,000
Assessed improvement
$293,000
Land market value
$283,771
Improvement market value
$395,929
Total market value
$679,700
Applied tax rate
523,201.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1975
Heating
STEAM
Buildings
2
Stories
1
Bathrooms
4
Total area
3,596 SF
Lot
2.11 ac (91,912 SF)
Zoning code
R-RE
APN
523200 298.11-2-38
UPID
US63-3216105
Jurisdiction
WARREN
Zoning & alternative use
R-RE · Lake Luzerne, NYZoning R-RE · permitted uses
R-RE · Lake Luzerne, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1975
Heating
STEAM
Stories
1
Buildings
2
Bathrooms
4
Lot
2.11 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R-RE
Jurisdiction
Lake Luzerne, NY
Recorded code
R-RE
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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