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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Automotive properties
504 Mdw St, Ithaca, NY 14850-5317
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-2047764
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1995
Total area
24,110 SF
Lot
3.11 ac (135,472 SF)
Zoning code
SW-2
APN
500700 95.-1-1.1
UPID
US63-2047764
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
-
Maguire Lincoln Collision Auto Repair Shop
-
Maguire Ford Service Auto Repair Shop
-
Maguire Lincoln Service Auto Repair Shop
-
Maguire Family Of Dealerships Car Dealership
-
Maguire Ford Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
Maguire Family Ltd · 5 yrs held
Maguire Family Ltd
since 2020
6 recorded transactions
Zoning & alternative use
SW-2 · Ithaca, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.8M
+37.1%
Commercial (general)
$2.3M
+11.1%
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 Ithaca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ithaca 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,045,000
Current use
RESTAURANT
$2,800,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,270,000
Change: +11% · Conversion: Moderate
OFFICE BUILDING
$1,650,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10%
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
$77 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$3,835,000
Assessed 2023
Previous assessed
$3,835,000
+0.0% YoY
Assessed land
$925,000
Assessed improvement
$2,910,000
Land market value
$925,000
Improvement market value
$2,910,000
Total market value
$3,835,000
Applied tax rate
500,700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1995
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
24,110 SF
Lot
3.11 ac (135,472 SF)
Zoning code
SW-2
APN
500700 95.-1-1.1
UPID
US63-2047764
Jurisdiction
TOMPKINS
Zoning & alternative use
SW-2 · Ithaca, NY
Zoning SW-2 · permitted uses
SW-2 · Ithaca, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ithaca. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.0M
RESTAURANT
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
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
1995
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
3.11 ac
Current owner
From public records · entity-resolved
Maguire Family Ltd
Individual
Mailing address
504 S MDW ST, ITHACA, NY 14850-5317
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Oct 8, 2020
—
Maguire Family Ltd
—
Deed
related
$7,040,000 · Jp Morgan Chase Bk
Jan 13, 2020
—
Maguire Family LP
—
Deed
related
$3,708,895 · Cfcu Cmnty Cu
—
—
Maguire Family LP
—
Deed Of Trust
related
$3,708,895 · Cfcu Cmnty Cu
—
—
Maguire Family LP
—
Loan Modification
related
$514,000 · Cfcu Cmnty Cu
—
—
Magure Family Ltd Partnershiop
—
Deed Of Trust
related
$5,440,937 · Jp Morgan Chase Bk
—
—
Maguire Family Ltd
—
Loan Modification
related
$7,040,000 · Jp Morgan Chase 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.
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