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Property profile & analytics
OFF-MARKET
Estimated value
$80,000
Commercial real estate
779 State Rte 146 Delanson, NY 12053
Individually Owned
4-yr Hold
Free & Clear
Property ID
US63-4064224
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
24.6 ac (1,071,576 SF)
Zoning code
01 - NOT ZONED
APN
435000 62.-2-11
UPID
US63-4064224
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$60k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$80k
Owner & transaction history
George Kelmetis · 4 yrs held
George Kelmetis
since 2022
Last sale
$62,500
5 recorded transactions
Zoning & alternative use
01 - NOT ZONED · Delanson, 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 Delanson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delanson 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
$80,000
ML approach
$60,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$80k
Range $72k – $88k · ±10% · vs last sale $63k (Jun 9 2022)
Last sale anchor
$63k
Jun 9 2022
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
—
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
$15,767
Tax year 2020
Assessed value
$50,000
Assessed 2023
Previous assessed
$50,000
+0.0% YoY
Effective rate
31.53%
On assessed value
Assessed land
$34,000
Assessed improvement
$16,000
Land market value
$66,667
Improvement market value
$31,372
Total market value
$98,039
Applied tax rate
434,201.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
24.6 ac (1,071,576 SF)
Zoning code
01 - NOT ZONED
APN
435000 62.-2-11
UPID
US63-4064224
Jurisdiction
SCHOHARIE
Zoning & alternative use
01 - NOT ZONED · Delanson, NYZoning 01 - NOT ZONED · permitted uses
01 - NOT ZONED · Delanson, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
24.6 ac
Current owner
From public records · entity-resolved
George Kelmetis
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 248, GILBOA, NY 12076-0248
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2022
$62,500
George Kelmetis
Shelby Mazz Co INC
Warranty Deed
—
Oct 21, 2020
$10,000
Shelby Mazz Co INC
Schoharie County Of
Deed
—
Oct 21, 2020
—
Schoharie County Of
Mary A Wollaberbryan
Public Action
related
—
Mar 22, 2007
$33,000
Galeb Aqel
Nrll East LLC
Deed
—
Nov 14, 2006
$10,500
Nrll East LLC
Russell Laferrera
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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