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Property profile & analytics
OFF-MARKET
Estimated value
$3,310,000
Motels
6302 Main St Tannersville, NY 12485-7722
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-1952033
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1940
Total area
43,162 SF
Lot
2.7 ac (117,612 SF)
Zoning code
01 - NOT ZONED
APN
193603 165.20-1-5
UPID
US63-1952033
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
-
Melour Resort Hotel & Motel Resort
-
LEVIIM Art Gallery Museum
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.31M
Owner & transaction history
Tannersville Getaway LLC · 5 yrs held
Tannersville Getaway LLC
since 2021
Last sale
$3.2M
3 recorded transactions
Zoning & alternative use
01 - NOT ZONED · Tannersville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
LL2of2010ZoningLaw
Top alternative use upside
Office building
$4.4M
+18.8%
Restaurant
$4.0M
+8.0%
Auto repair, garage
$3.8M
+1.4%
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 Tannersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tannersville 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
$3,310,000
ML approach
$2,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,700,000
Current use
OFFICE BUILDING
$4,400,000
Change: +19% · Conversion: Difficult
RESTAURANT
$4,000,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,755,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$3.31M
Range $2.98M – $3.64M · ±10% · vs last sale $3.23M (Jun 2 2021)
Last sale anchor
$3.23M
Jun 2 2021
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
$77 / 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
$1,000,000
Assessed 2023
Previous assessed
$1,000,000
+0.0% YoY
Assessed land
$27,500
Assessed improvement
$972,500
Land market value
$91,392
Improvement market value
$3,231,971
Total market value
$3,323,363
Applied tax rate
193,601.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1940
Heating
NONE
Cooling
PARTIAL
Buildings
2
Stories
3
Total area
43,162 SF
Lot
2.7 ac (117,612 SF)
Zoning code
01 - NOT ZONED
APN
193603 165.20-1-5
UPID
US63-1952033
Jurisdiction
GREENE
Zoning & alternative use
01 - NOT ZONED · Tannersville, NYZoning 01 - NOT ZONED · permitted uses
01 - NOT ZONED · Tannersville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
LL2of2010ZoningLaw
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.7M
OFFICE BUILDING
Est. value
$4.4M
RESTAURANT
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.8M
HOTEL/MOTEL Current
OFFICE BUILDING
RESTAURANT
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
1940
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Lot
2.7 ac
Current owner
From public records · entity-resolved
Tannersville Getaway LLC
Entity
Mailing address
PO BOX 878, TANNERSVILLE, NY 12485-0878
Ownership since
2021
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
Oct 4, 2023
—
Tannersville Getaway LLC
—
Deed
related
$1,800,000 · Cross River Bank
Jul 16, 2021
—
Tannersville Gateway LLC
—
Deed
related
$600,000 · L&l Capital Partners
Jun 2, 2021
$3,225,000
Tannersville Getaway LLC
Nada Land Co INC
Deed
$2,600,000 · L&l Capital Partners
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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