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Property profile & analytics
OFF-MARKET
Estimated value
$3,545,000
Community centers
62 High St, Carthage, NY 13619-1350
Entity Owned
Free & Clear
Property ID
US63-4431847
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1970
Total area
52,260 SF
Lot
6.23 ac (271,379 SF)
Zoning code
01 - NOT ZONED
APN
223001 86.47-1-35.1
UPID
US63-4431847
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
-
Carrie L. Hutchins, PharmD Pharmacy
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.55M
Owner & transaction history
Carthage Plz Partners LLC
Carthage Plz Partners LLC
since 2025
Last sale
$4.1M
2 recorded transactions
Zoning & alternative use
01 - NOT ZONED · Carthage, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.4M
+345.6%
Retail stores
$4.3M
+340.7%
Commercial (general)
$4.0M
+310.3%
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 Carthage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carthage 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
RESTAURANT
$4,360,000
Change: +346% · Conversion: Difficult
RETAIL STORES
$4,315,000
Change: +341% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,015,000
Change: +310% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,600,000
Change: +268% · Conversion: Difficult
OFFICE BUILDING
$2,675,000
Change: +173% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,385,000
Change: +144% · Conversion: Difficult
Blend value · Realmo final
$3.55M
Range $3.19M – $3.90M · ±10% · vs last sale $4.12M (Dec 17 2025)
Last sale anchor
$4.12M
Dec 17 2025
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
$68 / 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
$2,294,100
Assessed 2023
Previous assessed
$2,294,100
+0.0% YoY
Assessed land
$411,500
Assessed improvement
$1,882,600
Land market value
$452,198
Improvement market value
$2,068,791
Total market value
$2,520,989
Applied tax rate
226,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
52,260 SF
Lot
6.23 ac (271,379 SF)
Zoning code
01 - NOT ZONED
APN
223001 86.47-1-35.1
UPID
US63-4431847
Jurisdiction
JEFFERSON
Zoning & alternative use
01 - NOT ZONED · Carthage, NY
Zoning 01 - NOT ZONED · permitted uses
01 - NOT ZONED · Carthage, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carthage. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.4M
RETAIL STORES
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.6M
OFFICE BUILDING
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.4M
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1970
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
6.23 ac
Current owner
From public records · entity-resolved
Carthage Plz Partners LLC
Entity
Free & Clear · 0 yrs held
Mailing address
461 NOTT ST, SCHENECTADY, NY 12308-1812
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
$4,120,000
Carthage Plz Partners LLC
Golub Properties INC
Deed
—
Nov 2, 2015
$1,800,000
Golub Properties INC
Obeid,anis I
Grant 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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