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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Hotels
660 Albany Shaker Rd, Loudonville, NY 12211-1056
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US63-1570009
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1978
Total area
269,318 SF
Lot
7.6 ac (331,056 SF)
Zoning code
17
APN
012689 30.-5-8
UPID
US63-1570009
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
-
CEAD Conference Hotel & Motel
-
Crowne Plaza Albany - the Desmond Hotel, an IHG Hotel Hotel & Motel
-
Mr. D's Restaurant & Lounge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
First Colonie Co LP · 6 yrs held
First Colonie Co LP
since 2019
2 recorded transactions
Zoning & alternative use
17 · Loudonville, 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 Loudonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loudonville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$4 / 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
$12,000,000
Assessed 2023
Previous assessed
$13,400,000
-10.4% YoY
Assessed land
$2,660,000
Assessed improvement
$9,340,000
Land market value
$5,215,686
Improvement market value
$18,313,726
Total market value
$23,529,412
Applied tax rate
12,605.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1978
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
4
Total area
269,318 SF
Lot
7.6 ac (331,056 SF)
Zoning code
17
APN
012689 30.-5-8
UPID
US63-1570009
Jurisdiction
ALBANY
Zoning & alternative use
17 · Loudonville, NY
Zoning 17 · permitted uses
17 · Loudonville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loudonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Cooling
Yes
Stories
4
Buildings
1
Lot
7.6 ac
Current owner
From public records · entity-resolved
First Colonie Co LP
Entity
Mailing address
660 ALBANY SHAKER RD, LOUDONVILLE, NY 12211-1056
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Aug 16, 2019
—
First Colonie Co LP
—
Loan Modification
related
$23,000,000 · Pioneer Bk
Jul 31, 2012
—
First Colonie Co LP
—
Deed Of Trust
related
$18,810,197 · Td Bank NA
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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