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    Property profile & analytics

    481 Rte 211th E Middletown, NY 10940-2201

    • Drive through restaurants
    • 4,708 SF
    • 3.40 lot acres
    OFF-MARKET
    Value Estimation
    $4,515,000
    Last Sale
    Jan 05, 2021
    $4,224,948
    Location Intelligence
    Property ID
    US63-3727660
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 481 Rte 211th E

    Year built
    2001
    Lot size
    3.40 lot acres
    Property size
    4,708 SF
    Zone code
    HC
    Property type
    Drive through restaurants
    APN
    335200 53-2-32.2
    APU
    335200532322

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,605,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,900,000
      6.5%
      $4,485,000
      7%
      $3,940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,265,000
      Geo Method
      $4,530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,000,000
      Retail
      $3,930,000
      Mixed-Use
      $3,750,000
      Hospitality
      $4,320,000
      Educational
      $4,120,000
      Residential Income
      $4,660,000
      Energy
      $3,805,000
      Income-Based Land
      $4,495,000
      Food Service
      $4,810,000

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Orange
    State
    New York
    Longitude
    -74.3807
    Latitude
    41.4576
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $0.00
    $148,300
    $139,000
    $287,300
    -
    $1,022,769
    $958,631
    $1,981,400

    Comparable in this City

    • Value Estimation
      $365,000
      2,962 SF

      350 Rte 211th E

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,962 SF
      350 Rte 211th E, Middletown, NY 10940-2116
      View Details
    • Value Estimation
      $495,000
      2,601 SF

      264 Rte 211th E

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,601 SF
      264 Rte 211th E, Middletown, NY 10940-3117
      View Details
    • Value Estimation
      $1,200,000
      2,339 SF

      368 Rte 211th E

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,339 SF
      368 Rte 211th E, Middletown, NY 10940-2116
      View Details
    • Value Estimation by Request
      3,512 SF

      287 Rte 211th E

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,512 SF
      287 Rte 211th E, Middletown, NY 10940
      View Details
    • Value Estimation
      $1,735,000
      0.34 Acres

      140-142 Dolson Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.34 Acres
      140-142 Dolson Ave, Middletown, NY 10940
      View Details
    • Value Estimation
      $365,000
      0.79 Acres

      113-117 Dolson Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.79 Acres
      113-117 Dolson Ave, Middletown, NY 10940
      View Details

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    Similar Nearby for Lease

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      Pad sites available in regional power center with high visibility.
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    • $2,600 /Mo
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      Restaurant/Bar Space in Middletown, NY

      Equipped restaurant space for lease in high-traffic Middletown location.
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      View Details
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      Highly visible retail space in the heart of Downtown Middletown.
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      View Details
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      2,653 SF

      Restaurant/Bar Space in Middletown

      Centrally located restaurant/bar space in vibrant Middletown, NY.
      33 Center St, Middletown, NY 10940
      View Details
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      1,750 SF

      Middletown Retail Space Available

      Retail space with great visibility in Middletown, NY.
      139-147 Wickham Ave, Middletown, NY 10940
      View Details

    Property Visit Statistics

    • Visits by month
      110.3k
    • Visitors by month
      56.7k
    • Avg Time on site
      10 min
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    481 Rte 211th E
    Middletown, NY 10940-2201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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