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Property profile & analytics
OFF-MARKET
Drive through restaurants
591 Main St Fair Haven, NY 13064
Individually Owned
5-yr Hold
Free & Clear
Property ID
US63-4171603
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1950
Total area
610 SF
Lot
0.08 ac (3,600 SF)
Zoning code
07 - MIXED
APN
055601 9.17-1-24
UPID
US63-4171603
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Russell E Welkley · 5 yrs held
Russell E Welkley
since 2021
Last sale
$143,500
4 recorded transactions
Zoning & alternative use
07 - MIXED · Fair Haven, 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 Fair Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Haven 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 2019Property tax & assessments
Tax year 2019
Tax billed
$1,945
Tax year 2019
Assessed value
$75,100
Assessed 2023
Previous assessed
$75,100
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$16,600
Assessed improvement
$58,500
Land market value
$25,938
Improvement market value
$91,406
Total market value
$117,344
Applied tax rate
544,803.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1950
Heating
NONE
Buildings
1
Stories
1
Total area
610 SF
Lot
0.08 ac (3,600 SF)
Zoning code
07 - MIXED
APN
055601 9.17-1-24
UPID
US63-4171603
Jurisdiction
CAYUGA
Zoning & alternative use
07 - MIXED · Fair Haven, NYZoning 07 - MIXED · permitted uses
07 - MIXED · Fair Haven, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
1
Buildings
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Russell E Welkley
Individual
Free & Clear · 5 yrs held
Mailing address
11400 SALTER COLVIN RD, WOLCOTT, NY 14590-9331
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
$143,500
Russell E Welkley
Fair Haven Pizza LLC
Warranty Deed
—
Jun 8, 2016
$169,000
Fair Haven Pizza LLC
Griffin,steven M & Renee
Warranty Deed
—
Jul 25, 2011
$100,000
Renee Griffin
Watts,raymond & Renee
Warranty Deed
—
May 8, 2007
$80,000
Raymond Watts
Morrisseau,ida
Warranty Deed
$50,000 · Steven Hollander
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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