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Property profile & analytics
OFF-MARKET
Industrial properties
697 Gln Rd, Jay, NY 12941-5605
Individually Owned
9-yr Hold
Free & Clear
Property ID
US63-0616553
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1972
Total area
10,489 SF
Lot
9.8 ac (426,888 SF)
Zoning code
01 - NOT ZONED
APN
152800 27.3-1-61.100
UPID
US63-0616553
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
-
Ward Lumber - Hardware & Building Supplies Big Box & Wholesale Store Building Supply
-
Ward Lumber propane filling station Propane Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Leslie Thwaits · 9 yrs held
Leslie Thwaits
since 2017
2 recorded transactions
Zoning & alternative use
01 - NOT ZONED · Jay, 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 Jay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jay 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
—
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
$9,674
Tax year 2020
Assessed value
$375,800
Assessed 2023
Previous assessed
$375,900
0.0% YoY
Effective rate
2.57%
On assessed value
Assessed land
$54,500
Assessed improvement
$321,300
Land market value
$54,500
Improvement market value
$321,300
Total market value
$375,800
Applied tax rate
92,201.0000
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
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
Off-Market
Year built
1972
Heating
STEAM
Cooling
PARTIAL
Buildings
4
Stories
1
Bathrooms
2
Total area
10,489 SF
Lot
9.8 ac (426,888 SF)
Zoning code
01 - NOT ZONED
APN
152800 27.3-1-61.100
UPID
US63-0616553
Jurisdiction
ESSEX
Zoning & alternative use
01 - NOT ZONED · Jay, NY
Zoning 01 - NOT ZONED · permitted uses
01 - NOT ZONED · Jay, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
STEAM
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
9.8 ac
Current owner
From public records · entity-resolved
Leslie Thwaits
Individual
Free & Clear · 9 yrs held
Mailing address
697 GLN RD, JAY, NY 12941-5605
Ownership since
2017
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
Mar 22, 2021
—
Ward Lumb Co INC
—
Deed
related
$1,550,000 · Cooperative Fund Of New England
Jun 16, 2017
$6,550
Leslie Thwaits
Ward Lumber Company INC
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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