Entity Owned 
For Sale
1 / 46
$899,000
4587 State Route 17B, Callicoon, NY 12723
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Property summary
AI-generated overview
The property is a 5-acre commercial site in Callicoon, New York, with approximately 1,400 feet of frontage on Callicoon Creek. It is situated along NYS Route 17B near its intersection with NYS Route 97, providing access for vehicular and truck traffic. The site includes four buildings and a large parking area. The primary building is over 20,000 square feet and contains three furnaces, 3-phase electric service, and five vehicle lifts, with 16-foot-high ceilings and multiple large overhead doors. The layout includes two large garage/service areas, a body shop with a spray booth, a lobby entrance, and office space on both the first and second floors. Ancillary structures include a tire storage shed (108 by 45 feet), a vehicle storage garage (45 by 102 feet), and a storage building (24 by 45 feet). The property consists of level terrain and is configured to support automotive operations, as well as industrial use and retail sales activity.
Property profile
Verified
Property type
Other automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1960
Total area
20,068 SF
Lot
5.56 ac (242,194 SF)
Zoning code
06 - INDUSTRIAL
APN
482600 15.-3-2
UPID
US63-3765742
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$1.94M
Owner & transaction history
since 2011
1 recorded transaction
Zoning & alternative use
06 - INDUSTRIAL · Callicoon, NY
Top alternative use upside
Restaurant
$2.0M
+13.1%
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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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.94M
Value range
$1.74M – $2.13M
±10% around blend
Estimated value / SF
$96 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$1.74M
blend $1.94M
$2.13M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
20,068 SF
Lot area
5.56 ac
Year built
1960
Stories
1
APN
482600 15.-3-2
Zoning
06 - INDUSTRIAL
Assessed value
$843,300
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.94M
Range $749k – $2.46M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.94M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 41 sales
$89
+8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $96/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+13%
vs current-use indication
Auto Repair, Garage · current use
Commercial (general)
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
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
Market benchmark
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
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.39M
Move the market yield to see immediate price impact.
Value / SF
$119
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
5.00%7.00%9.00%
$151k
$3.02M
$2.15M
$1.68M
$168k
$3.35M
$2.39M
$1.86M
$184k
$3.69M
$2.63M
$2.05M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$843,300
Assessed 2023
Previous assessed
$843,300
+0.0% YoY
Assessed land
$51,500
Assessed improvement
$791,800
Land market value
$88,793
Improvement market value
$1,365,173
Total market value
$1,453,966
Applied tax rate
484,802.0000
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
Other automotive properties
Use group
VEHICLE SALES, RENTALS
Status
For Sale
Year built
1960
Heating
NONE
Buildings
1
Stories
1
Total area
20,068 SF
Lot
5.56 ac (242,194 SF)
Zoning code
06 - INDUSTRIAL
APN
482600 15.-3-2
UPID
US63-3765742
Jurisdiction
SULLIVAN
Zoning & alternative use
06 - INDUSTRIAL · Callicoon, NYZoning 06 - INDUSTRIAL · permitted uses
06 - INDUSTRIAL · Callicoon, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
1
Buildings
1
Lot
5.56 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
06 - INDUSTRIAL
Jurisdiction
Callicoon, NY
Recorded code
06 - INDUSTRIAL
Ownership Intelligence
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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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