New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Commercial land
4934 Lk Shr Dr, Bolton Landing, NY 12814-7754
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-0105993
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1886
Total area
10,396 SF
Lot
0.33 ac (14,375 SF)
Zoning code
TOB
APN
522000 171.19-2-9
UPID
US63-0105993
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$846k
Blend (final)
Blend
$1.38M
Owner & transaction history
Bolton Lps LLC · 4 yrs held
Bolton Lps LLC
since 2022
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
TOB · Bolton Landing, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+50.1%
Office building
$1.5M
+14.5%
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 Bolton Landing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bolton Landing 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
$1,750,000
ML approach
$1,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,270,000
Current use
RESTAURANT
$1,905,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$1,455,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±10% · vs last sale $1.35M (Jan 27 2022)
Last sale anchor
$1.35M
Jan 27 2022
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
$132 / 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
Assessed value
$145,000
Assessed 2023
Previous assessed
$228,200
-36.5% YoY
Assessed land
$145,000
Land market value
$193,333
Total market value
$193,333
Applied tax rate
522,001.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1886
Heating
NONE
Stories
1
Total area
10,396 SF
Lot
0.33 ac (14,375 SF)
Zoning code
TOB
APN
522000 171.19-2-9
UPID
US63-0105993
Jurisdiction
WARREN
Zoning & alternative use
TOB · Bolton Landing, NY
Zoning TOB · permitted uses
TOB · Bolton Landing, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bolton Landing. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
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
1886
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Bolton Lps LLC
Entity
Free & Clear · 4 yrs held
Mailing address
10 RESERVOIR RD, SMITHFIELD, RI 02917-1318
Ownership since
2022
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
Jan 27, 2022
$1,350,000
Bolton Lps LLC
4934 Lakeshore Drive LLC
Warranty Deed
—
Feb 12, 2020
—
4934 Lake Shore Drive LLC
Nicole M Somma
Quit Claim Deed
related
$220,813 · Pioneer Bk
Aug 14, 2006
—
Arthur Baker
Pfau,joseph
Warranty Deed
related
—
May 22, 2006
—
Arthur Baker
Vaj LLC
Warranty Deed
—
Mar 28, 2006
$775,000
Vaj LLC
Owner Name Unavailable
Warranty Deed
related
—
—
—
4934 Lakeshore Drive LLC
—
Loan Modification
related
$900,000 · Pioneer Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4934 Lk Shr Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
