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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Warehouses
63 Railroad Ave Colonie, NY 12205-5911
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3659434
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
43,704 SF
Lot
2 ac (87,120 SF)
Zoning code
15
APN
012689 53.5-4-14.2
UPID
US63-3659434
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
-
Capitol Staple Co Inc (Bike/Boat/Book/etc) Store Building Supply
-
Thermal Foams Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$647k
Blend (final)
Blend
$1.02M
Owner & transaction history
Bella Vista LLC · 5 yrs held
Bella Vista LLC
since 2020
7 recorded transactions
Zoning & alternative use
15 · Colonie, 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 Colonie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colonie 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
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±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
$23 / 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
$1,315,400
Assessed 2023
Previous assessed
$1,315,400
+0.0% YoY
Assessed land
$150,000
Assessed improvement
$1,165,400
Land market value
$294,116
Improvement market value
$2,285,084
Total market value
$2,579,200
Applied tax rate
12,601.0000
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
1960
Heating
NONE
Buildings
1
Stories
1
Total area
43,704 SF
Lot
2 ac (87,120 SF)
Zoning code
15
APN
012689 53.5-4-14.2
UPID
US63-3659434
Jurisdiction
ALBANY
Zoning & alternative use
15 · Colonie, NY
Zoning 15 · permitted uses
15 · Colonie, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colonie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
1
Buildings
1
Lot
2 ac
Current owner
From public records · entity-resolved
Bella Vista LLC
Entity
Mailing address
1628 SKYLARK LN, NEWPORT BEACH, CA 92660-4337
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2020
—
Bella Vista LLC
—
Deed
related
$189,946 · Bank Of Greene Cnty
Jun 28, 2017
—
Bella Vista LLC
—
Loan Modification
related
$450,000 · National Un Bk/kinderhook
—
—
Bella Vista LLC
—
Deed Of Trust
related
$741,751 · Sunmark FCU
—
—
Bella Vista LLC
—
Deed Of Trust
related
$741,751 · Sunmark FCU
—
—
Bella Vista LLC
—
Deed Of Trust
related
$73,157 · National Un Bk/kinderhook
—
—
Bella Vista LLC
—
Loan Modification
related
$2,000,000 · Bank Of Greene Cnty
—
—
Bella Vista LLC
—
Deed Of Trust
related
$189,946 · Bank Of Greene Cnty
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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