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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Warehouses
6 Rexford Way, Halfmoon, NY 12065-7831
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-3578640
Property summary
AI-generated overview
This exceptional 7,200-square-foot industrial building in Halfmoon, NY, presents a rare opportunity. Located on a 1.08-acre lot in Saratoga County, this 2006-built property boasts a versatile design ideal for various light industrial uses. The building features 1,200 square feet of finished office space, complete with three private offices, a conference room, restrooms, and a kitchenette. The 6,000-square-foot warehouse area is equipped with a full HVAC system, installed racking, and a compressed air system, enhancing efficiency and functionality. Access to the warehouse is provided by two drive-in overhead doors and a convenient outdoor covered loading pad. The property is zoned C-1 and is currently vacant, offering immediate occupancy. The asking price is $1,000,000, translating to $138.89 per square foot. This standalone building represents a significant investment opportunity in a desirable location.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
7,200 SF
Lot
1.08 ac (47,045 SF)
Zoning code
05 - COMMERCIAL
APN
413800 284.-2-62.1
UPID
US63-3578640
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
$830k
Comparable Approach
Comparable
$955k
Blend (final)
Blend
$845k
Owner & transaction history
Pdrn LLC · 1 yrs held
Pdrn LLC
since 2025
Last sale
$800,000
3 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Halfmoon, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+80.1%
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 Halfmoon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Halfmoon 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%
$900,000
6.5%
$830,000
7%
$770,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$645,000
Current use
AUTO REPAIR, GARAGE
$1,155,000
Change: +80% · Conversion: Easy
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $800k (Dec 4 2024)
Last sale anchor
$800k
Dec 4 2024
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
$117 / 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
Property tax & assessments
Assessed value
$447,800
Assessed 2023
Previous assessed
$447,800
+0.0% YoY
Assessed land
$42,000
Assessed improvement
$405,800
Land market value
$98,824
Improvement market value
$954,823
Total market value
$1,053,647
Applied tax rate
412,402.0000
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
2006
Heating
NONE
Cooling
PARTIAL
Stories
1
Total area
7,200 SF
Lot
1.08 ac (47,045 SF)
Zoning code
05 - COMMERCIAL
APN
413800 284.-2-62.1
UPID
US63-3578640
Jurisdiction
SARATOGA
Zoning & alternative use
05 - COMMERCIAL · Halfmoon, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Halfmoon, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Halfmoon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$645,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
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
2006
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Pdrn LLC
Entity
Free & Clear · 1 yrs held
Mailing address
403 SAN JUAN DR, PONTE VEDRA BEACH, FL 32082-2822
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2025
$800,000
Pdrn LLC
Timothy D Ware
Warranty Deed
—
Feb 10, 2020
$40,000
Kings Crossing LLC
Timothy D Ware
Warranty Deed
—
Mar 1, 2007
$890,040
Ware,timothy
Rexford Group Associates
Warranty Deed
—
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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