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Property profile & analytics
OFF-MARKET
Investment properties
5 Main St, Homer, NY 13077-1314
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US63-5255143
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1972
Total area
3,072 SF
Lot
0.15 ac (6,560 SF)
Zoning code
05 - COMMERCIAL
APN
113001 66.75-01-30.000
UPID
US63-5255143
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
Current use
Occupant on record · Public records
-
Meraki Skin Co. Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Renee Neiderman · 10 yrs held
Renee Neiderman
since 2015
7 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Homer, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Homer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homer 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,605
Tax year 2023
Assessed value
$150,000
Assessed 2023
Previous assessed
$150,000
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$15,000
Assessed improvement
$135,000
Land market value
$21,739
Improvement market value
$195,652
Total market value
$217,391
Applied tax rate
113,001.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1972
Heating
NONE
Buildings
1
Stories
2
Total area
3,072 SF
Lot
0.15 ac (6,560 SF)
Zoning code
05 - COMMERCIAL
APN
113001 66.75-01-30.000
UPID
US63-5255143
Jurisdiction
CORTLAND
Zoning & alternative use
05 - COMMERCIAL · Homer, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Homer, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Homer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
2
Buildings
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Renee Neiderman
Individual
Mailing address
4355 COSMOS HL RD, CORTLAND, NY 13045-9132
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2015
$110,000
Renee Neiderman
Wells Fargo Bk NA
Grant Deed
—
Nov 13, 2014
—
Fargo Bk NA Wells
Secretary Of Veterans Affairs
Quit Claim Deed
—
Jul 10, 2014
—
Secretary Of Veterans Affairs
Wells Fargo Bk NA
Grant Deed
—
Jul 10, 2014
$168,541
Fargo Bk NA Wells
Passigli,richard A & Jenien
Deed In Lieu Of Foreclosure
—
Dec 18, 2007
$195,500
Richard Passigli
Macdonald,bruce
Grant Deed
—
Apr 28, 2006
$194,000
Bruce Macdonald
Cendant Mobility Financial Cor
Warranty Deed
—
—
—
Richard A Passigli
—
Deed Of Trust
related
$203,000 · Commonfund Mortgage
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.
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