Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Warehouses
574 State Rte 416 Montgomery, NY 12549-2433
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US63-5162874
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Total area
21,300 SF
Lot
87.7 ac (3,820,212 SF)
Zoning code
I1
APN
334289 36-1-2.12
UPID
US63-5162874
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.21M
Blend (final)
Blend
$1.69M
Owner & transaction history
Aden Brook Agricultural LLC · 10 yrs held
Aden Brook Agricultural LLC
since 2016
7 recorded transactions
Zoning & alternative use
I1 · Montgomery, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.0M
+9.1%
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 Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery 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
WAREHOUSE, STORAGE
$1,845,000
Current use
INDUSTRIAL (GENERAL)
$2,010,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±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
$79 / 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
$999,950
Assessed 2023
Previous assessed
$999,950
+0.0% YoY
Assessed land
$199,750
Assessed improvement
$800,200
Land market value
$475,589
Improvement market value
$1,905,211
Total market value
$2,380,800
Applied tax rate
334,201.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
NONE
Buildings
2
Stories
1
Total area
21,300 SF
Lot
87.7 ac (3,820,212 SF)
Zoning code
I1
APN
334289 36-1-2.12
UPID
US63-5162874
Jurisdiction
ORANGE
Zoning & alternative use
I1 · Montgomery, NY
Zoning I1 · permitted uses
I1 · Montgomery, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montgomery. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
2019
Heating
NONE
Stories
1
Buildings
2
Lot
87.7 ac
Current owner
From public records · entity-resolved
Aden Brook Agricultural LLC
Entity
Mailing address
494 STATE RTE 416, MONTGOMERY, NY 12549-2418
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
Aden Brook Agricultural L
—
Deed
related
$1,573,641 · Manufacturers & Traders Trust Co
Jul 9, 2021
—
Aden Brook Agricultural
—
Deed
related
$1,000,000 · Ulster Savings Bank
Nov 28, 2018
—
Aden Brook Agricultural
—
Deed
related
$580,000 · Ulster Savings Bank
Oct 5, 2018
—
Aden Brook Agricultural
—
Deed
related
$1,000,000 · Ulster Savings Bank
Feb 22, 2017
—
Aden Brook Agricultural LLC
—
Grant Deed
related
$2,721,986 · Walden Svgs Bk
Mar 24, 2016
$1,900,000
Aden Brook Agricultural LLC
Mazur,nellie F
Grant Deed
$1,540,000 · Nellie Mazur
—
—
Aden Brook Agricultural LLC
—
Loan Modification
related
$7,000,000 · Ulster Svgs Bk
—
—
Aden Brook Agricultural LLC
—
Loan Modification, Consolidation And Extension
related
$419,900 · Walden Svgs Bk
—
—
Aden Brook Agricultural LLC
—
Deed Of Trust
related
$600,000 · Walden Svgs 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 574 State Rte 416?
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.
