New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Manufacturing properties
43 John Hicks Dr, Warwick, NY 10990-1901
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-4345674
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2020
Total area
10,110 SF
Lot
6.4 ac (278,784 SF)
Zoning code
220
APN
335489 46-1-39.21
UPID
US63-4345674
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
$1.42M
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.35M
Owner & transaction history
Rsny Rlty Hldg LLC · 1 yrs held
Rsny Rlty Hldg LLC
since 2024
3 recorded transactions
Zoning & alternative use
220 · Warwick, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+118.6%
Office building
$1.9M
+101.6%
Commercial (general)
$1.8M
+92.6%
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 Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warwick 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
$1,420,000
ML approach
$1,420,000
CAP Approach
CAP Return
Estimation
6%
$1,375,000
6.5%
$1,270,000
7%
$1,180,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$955,000
Current use
RETAIL STORES
$2,085,000
Change: +119% · Conversion: Moderate
OFFICE BUILDING
$1,925,000
Change: +102% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,835,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,690,000
Change: +77% · Conversion: Easy
WAREHOUSE, STORAGE
$875,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±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
$133 / 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
$540,000
Assessed 2023
Previous assessed
$540,000
+0.0% YoY
Assessed land
$45,300
Assessed improvement
$494,700
Land market value
$489,727
Improvement market value
$5,348,073
Total market value
$5,837,800
Applied tax rate
335,401.0000
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
2020
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
10,110 SF
Lot
6.4 ac (278,784 SF)
Zoning code
220
APN
335489 46-1-39.21
UPID
US63-4345674
Jurisdiction
ORANGE
Zoning & alternative use
220 · Warwick, NY
Zoning 220 · permitted uses
220 · Warwick, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warwick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$955,000
RETAIL STORES
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$875,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2020
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
6.4 ac
Current owner
From public records · entity-resolved
Rsny Rlty Hldg LLC
Entity
Free & Clear · 1 yrs held
Mailing address
445 5TH AVE APT 32D, NEW YORK, NY 10016-0133
Ownership since
2024
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
Aug 22, 2024
$1,420,000
Rsny Rlty Hldg LLC
Warwick Valley Local Dev
Deed
—
Dec 30, 2020
—
Warwick Vly Local Dev Corp
Town Of Warwick
Quit Claim Deed
—
Nov 5, 2020
—
Town Of Warwick
Warwick Valley Local Dev Corp
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.
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 43 John Hicks Dr?
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.
