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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Manufacturing properties
435 Bellvale Rd, Chester, NY 10918-3115
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-1139081
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Total area
16,540 SF
Lot
2 ac (87,120 SF)
Zoning code
IP
APN
332289 17-1-23.11
UPID
US63-1139081
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
-
Drip Drop Waterproofing Roofing Company General Contractor
-
Brakewell Steel Fabricators General Contractor
-
Hallmark Enterprise General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$1.48M
Owner & transaction history
Rd Chester One LLC · 2 yrs held
Rd Chester One LLC
since 2024
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
IP · Chester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+14.7%
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 Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chester 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
$1,475,000
ML approach
$1,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,560,000
Current use
COMMERCIAL (GENERAL)
$1,790,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,430,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±10% · vs last sale $1.48M (Feb 6 2024)
Last sale anchor
$1.48M
Feb 6 2024
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
$89 / 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
Tax billed
$14,283
Tax year 2021
Assessed value
$698,400
Assessed 2023
Previous assessed
$698,400
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$150,000
Assessed improvement
$548,400
Land market value
$365,851
Improvement market value
$1,337,549
Total market value
$1,703,400
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
1979
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
16,540 SF
Lot
2 ac (87,120 SF)
Zoning code
IP
APN
332289 17-1-23.11
UPID
US63-1139081
Jurisdiction
ORANGE
Zoning & alternative use
IP · Chester, NY
Zoning IP · permitted uses
IP · Chester, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
1979
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
2 ac
Current owner
From public records · entity-resolved
Rd Chester One LLC
Entity
Free & Clear · 2 yrs held
Mailing address
418 CLIFTON AVE STE #200, LAKEWOOD, NJ 08701-3749
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2024
$1,477,000
Rd Chester One LLC
Ridge Mt Enterprises LLC
Deed
—
May 17, 2022
$1,866,000
Ridge Mt Enterprises LLC
435 Bellvale LLC
Deed
$1,475,000 · Rosdev Cap Fndg LP
Nov 30, 2018
$1,200,000
435 Bellvale LLC
Bellvale Group INC
Deed
—
Apr 3, 2018
$800,000
Bellvale Group INC
Sisters By Business Oc
Deed
—
Jul 21, 2010
$1,000,000
Sisters By Business Oc LLC
Robert Champeau INC
Grant Deed
—
Jun 8, 2007
$1,050,000
Robertchampeau INC
C & W Realty Assoc
Grant 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.
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