Property profile

498 Lk Desolation Rd Middle Grove, NY 12850

OFF-MARKET
Turn key restaurants
Property ID
US63-2324480
2,650 SF 2.34 ac lot Built 1970
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Total area 2,650 SF
Lot 2.34 ac (101,930 SF)
Zoning code LDR
APN 413400 135.11-1-4
UPID US63-2324480

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

498 Lk Desolation Rd Middle Grove, NY 12850-2439
Middle Grove metro Census 60602 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
$705k
Blend (final) Blend
$680k

Owner & transaction history

since 2024
Last sale
$680,000
5 recorded transactions
2024
$680,000
2013
Price N/A
2007
Price N/A
2005
$300,000
1969
Price N/A

Zoning & alternative use

LDR · Middle Grove, NY

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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