Property profile

480 Rte 52 Carmel, NY 10512

OFF-MARKET
Commercial land
Property ID
US63-1298519
0.95 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is an undeveloped commercial lot in Carmel, New York, comprising 0.95 acres (just under one acre). A 5,000 sq. ft. foundation is already in place on the site. Utilities available on site include a well and electric service, and sewer hookups are available, supporting potential development for various commercial uses or new construction.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.95 ac (41,382 SF)
Zoning code C
APN 372200 33.56-1-14
UPID US63-1298519

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

480 Rte 52 Carmel, NY 10512-6057
Carmel metro Census 10400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2023
Last sale
$160,000
5 recorded transactions
2023
$160,000
2018
$125,000
2016
Price N/A
2016
Price N/A
2011
Price N/A

Zoning & alternative use

C · Carmel, NY
Zoning description

C. No existing building shall be demolished to accommodate the uses set forth herein, unless the Planning Board, after consultation with the Building Inspector, determines that the dwelling is uninhabitable and cannot be…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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