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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Industrial properties
44 Corporate Dr, Kingston, NY 12401-5515
Entity Owned
8-yr Hold
Free & Clear
Property ID
US63-2896727
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2008
Total area
10,000 SF
Lot
6.9 ac (300,564 SF)
Zoning code
M-1
APN
510800 48.83-7-43
UPID
US63-2896727
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
-
Community Manufacturing Solutions Industrial Manufacturer Production Facility
-
Armor Dynamics Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$878k
Blend (final)
Blend
$890k
Owner & transaction history
Community Mfg Solutions LLC · 8 yrs held
Community Mfg Solutions LLC
since 2017
2 recorded transactions
Zoning & alternative use
M-1 · Kingston, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+186.6%
Auto repair, garage
$1.3M
+170.8%
Commercial (general)
$1.1M
+145.9%
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 Kingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingston 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%
$980,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
RESTAURANT
$1,335,000
Change: +187% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,260,000
Change: +171% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,145,000
Change: +146% · Conversion: Difficult
OFFICE BUILDING
$815,000
Change: +75% · Conversion: Difficult
WAREHOUSE, STORAGE
$730,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$665,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$635,000
Change: +36% · Conversion: Moderate
Blend value · Realmo final
$890k
Range $801k – $979k · ±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
$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
Property tax & assessments
Assessed value
$846,000
Assessed 2023
Previous assessed
$846,000
+0.0% YoY
Assessed land
$225,000
Assessed improvement
$621,000
Land market value
$368,852
Improvement market value
$1,018,033
Total market value
$1,386,885
Applied tax rate
510,800.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2008
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
10,000 SF
Lot
6.9 ac (300,564 SF)
Zoning code
M-1
APN
510800 48.83-7-43
UPID
US63-2896727
Jurisdiction
ULSTER
Zoning & alternative use
M-1 · Kingston, NY
Zoning M-1 · permitted uses
M-1 · Kingston, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$815,000
WAREHOUSE, STORAGE
Est. value
$730,000
MEDICAL BUILDING
Est. value
$665,000
RETAIL STORES
Est. value
$635,000
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
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
2008
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
6.9 ac
Current owner
From public records · entity-resolved
Community Mfg Solutions LLC
Entity
Free & Clear · 8 yrs held
Mailing address
44 CORPORATE DR, KINGSTON, NY 12401-5515
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2022
—
Community Mfg Soln LLC
—
Deed
related
$1,170,000 · Ulster Savings Bank
Jul 19, 2017
$750,000
Community Mfg Solutions LLC
City Of Kingston Local Dev Corporation
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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