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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Office buildings
600 Seneca St Oneida, NY 13421-2668
Entity Owned
23-yr Hold
Free & Clear
Property ID
US63-0423935
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1991
Total area
14,588 SF
Lot
1.25 ac (54,450 SF)
Zoning code
CS
APN
251201 38.63-1-6
UPID
US63-0423935
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
-
Kaitlyn Huysman Physician
-
Diane Scalise ANP-C Physician
-
Elmer Miller Physician
-
Linda Clifford Physician
-
Marina Anne Martyn Medical 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
$705k
Owner & transaction history
SERENDIB MANAGEMENT LLC
SERENDIB MANAGEMENT LLC
Zoning & alternative use
CS · Oneida, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CS district provides for the compatible institutional and community services in this area. It focuses on the potential expansion of the hospital and the surrounding area public school, public safety and other community service properties. It is intended to allow for hospital expansion and expansion of related health care uses (laboratories, medical professio…
Zone name
Community Services
General category
CIVIC_INSTITUTIONAL
Zone area
284.74 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.1M
+14.7%
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 Oneida submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oneida 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
OFFICE BUILDING
$990,000
Current use
COMMERCIAL (GENERAL)
$1,135,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$48 / 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
$1,349,000
Assessed 2023
Previous assessed
$1,349,000
+0.0% YoY
Assessed land
$113,200
Assessed improvement
$1,235,800
Land market value
$148,947
Improvement market value
$1,626,053
Total market value
$1,775,000
Applied tax rate
251,200.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1991
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
14,588 SF
Lot
1.25 ac (54,450 SF)
Zoning code
CS
APN
251201 38.63-1-6
UPID
US63-0423935
Jurisdiction
MADISON
Zoning & alternative use
CS · Oneida, NYZoning CS · permitted uses
CS · Oneida, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CS district provides for the compatible institutional and community services in this area. It focuses on the potential expansion of the hospital and the surrounding area public school, public safety and other community service properties. It is intended to allow for hospital expansion and expansion of related health care uses (laboratories, medical professional offices, assisted living, etc.) while also allowing for often needed amenities nearby for regional visitors to the medical facilities.
Zone name
Community Services
General category
CIVIC_INSTITUTIONAL
Zone area
284.74 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$990,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
COMMERCIAL (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
1991
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
SERENDIB MANAGEMENT LLC
Entity
Free & Clear · 0 yrs held
Mailing address
600 SENECA ST, ONEIDA, NY 13421-2668
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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