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Property profile & analytics
OFF-MARKET
Estimated value
$2,905,000
Warehouses
350 Neelytown Rd Montgomery, NY 12549-2837
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-1420004
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Total area
36,680 SF
Lot
94.8 ac (4,129,488 SF)
Zoning code
ID
APN
334289 36-1-39
UPID
US63-1420004
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
-
Taylor-Montgomery LLC Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.91M
Owner & transaction history
Taylor Holdings Group Ltd · 5 yrs held
Taylor Holdings Group Ltd
since 2020
7 recorded transactions
Zoning & alternative use
ID · Montgomery, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.5M
+9.1%
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 Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery 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
$3,175,000
Current use
INDUSTRIAL (GENERAL)
$3,460,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$2.91M
Range $2.61M – $3.20M · ±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
$79 / 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 2021Property tax & assessments
Tax year 2021
Assessed value
$1,887,600
Assessed 2023
Previous assessed
$1,887,600
+0.0% YoY
Assessed land
$540,000
Assessed improvement
$1,347,600
Land market value
$1,285,718
Improvement market value
$3,208,582
Total market value
$4,494,300
Applied tax rate
334,201.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Heating
NONE
Buildings
3
Stories
1
Total area
36,680 SF
Lot
94.8 ac (4,129,488 SF)
Zoning code
ID
APN
334289 36-1-39
UPID
US63-1420004
Jurisdiction
ORANGE
Zoning & alternative use
ID · Montgomery, NY
Zoning ID · permitted uses
ID · Montgomery, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montgomery. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.2M
INDUSTRIAL (GENERAL)
Est. value
$3.5M
WAREHOUSE, STORAGE Current
INDUSTRIAL (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
2000
Heating
NONE
Stories
1
Buildings
3
Lot
94.8 ac
Current owner
From public records · entity-resolved
Taylor Holdings Group Ltd
Entity
Mailing address
350 NEELYTOWN RD, MONTGOMERY, NY 12549-2837
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2020
—
Taylor Holdings Group Ltd
—
Deed
related
$8,100,000 · Orange Bk&tr Co
Nov 9, 2016
—
Taylor Holdings Group Ltd
—
Deed
related
$6,965,000 · Orange Bk&tr Co
—
—
Taylor Tree INC
—
Deed Of Trust
related
$70,050 · Orange County Trust Co (ny)
—
—
Taylor Tree INC
—
Deed Of Trust
related
$770,000 · Orange County Trust Co (ny)
—
—
Taylor Holdings Group Ltd
—
Deed Of Trust
related
$2,000,000 · New York State Urban Dev Corp
—
—
Taylor Holdings Group Ltd
—
Loan Modification
related
$8,100,000 · Orange Bk&tr Co
—
—
Taylor Holdings Group Ltd
—
Deed Of Trust
related
$1,290,452 · Orange County Trust Co
—
—
Taylor Holdings Group Ltd
—
Loan Modification, Consolidation And Extension
related
$6,965,000 · Orange Bk&tr Co
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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