New search
Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Hotels
6141 Lk Rd, Auburn, NY 13021-5640
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US63-0644236
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1851
Total area
15,129 SF
Lot
7.8 ac (339,768 SF)
Zoning code
R-2
APN
052800 123.18-1-12
UPID
US63-0644236
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
-
Springside Inn Wedding Service
-
Oak & Vine At Springside Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
$910k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
S & B Lattimore LLC
S & B Lattimore LLC
4 recorded transactions
Zoning & alternative use
R-2 · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$535,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,140,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$830,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$825,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$800,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$23,707
Tax year 2020
Assessed value
$616,000
Assessed 2023
Previous assessed
$610,000
+1.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$248,000
Assessed improvement
$368,000
Land market value
$335,135
Improvement market value
$497,297
Total market value
$832,432
Applied tax rate
50,100.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1851
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
15,129 SF
Lot
7.8 ac (339,768 SF)
Zoning code
R-2
APN
052800 123.18-1-12
UPID
US63-0644236
Jurisdiction
CAYUGA
Zoning & alternative use
R-2 · Auburn, NY
Zoning R-2 · permitted uses
R-2 · Auburn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$830,000
OFFICE BUILDING
Est. value
$825,000
RETAIL STORES
Est. value
$800,000
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
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
1851
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
7.8 ac
Current owner
From public records · entity-resolved
S & B Lattimore LLC
Entity
Mailing address
6141 W LK RD, AUBURN, NY 13021-5640
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
S & B Lattimore LLC
—
Loan Modification
related
$505,670 · Five Star Bank
—
—
S & B Lattimore LLC
—
Deed Of Trust
related
$354,329 · Five Star Bank
—
—
S & B Lattimore LLC
—
Loan Modification, Consolidation And Extension
related
$915,000 · Keybank USA
—
—
S & B Lattimore LLC
—
Deed Of Trust
related
$193,722 · Keybank USA
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 6141 Lk Rd?
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.
