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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Investment properties
81 Main St Walden, NY 12586-1519
Individually Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-5034848
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1982
Total area
9,506 SF
Lot
2.08 ac (90,605 SF)
Zoning code
I2
APN
334205 307-6-1.12
UPID
US63-5034848
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
-
Walden wine and liquor Specialty Food Shop Wine and Liquor Store
-
Blyssful Occasions At Walden LLC Hotel & Motel Resort
-
Calculated Confections Bakery Specialty Food Shop
-
Sweeter Than Sweet Cupcakes Bakery
-
Jakpot Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.19M
Owner & transaction history
Town Of Montgomery · 18 yrs held
Town Of Montgomery
since 2008
7 recorded transactions
Zoning & alternative use
I2 · Walden, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.0M
+90.4%
Office building
$1.8M
+75.6%
Auto repair, garage
$1.6M
+54.1%
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 Walden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walden 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%
$1,380,000
6.5%
$1,275,000
7%
$1,180,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,030,000
Current use
RETAIL STORES
$1,960,000
Change: +90% · Conversion: Easy
OFFICE BUILDING
$1,810,000
Change: +76% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,585,000
Change: +54% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$895,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±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
$125 / 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
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$480,000
Assessed 2023
Previous assessed
$480,000
+0.0% YoY
Assessed land
$42,600
Assessed improvement
$437,400
Land market value
$101,432
Improvement market value
$1,041,468
Total market value
$1,142,900
Applied tax rate
334,201.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1982
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
9,506 SF
Lot
2.08 ac (90,605 SF)
Zoning code
I2
APN
334205 307-6-1.12
UPID
US63-5034848
Jurisdiction
ORANGE
Zoning & alternative use
I2 · Walden, NY
Zoning I2 · permitted uses
I2 · Walden, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Walden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
RETAIL STORES
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$895,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1982
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2.08 ac
Current owner
From public records · entity-resolved
Town Of Montgomery
Individual
Free & Clear · 18 yrs held
Mailing address
1165 UN AVE, NEWBURGH, NY 12550-1630
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Jun 3, 2008
$19,361
Town Of Montgomery
Walden Plaza LLC
Grant Deed
—
—
—
Walden Plaza LLC
—
Loan Modification
related
$625,000 · Simsbury Bk&tr
—
—
Walden Plaza LLC
—
Deed Of Trust
related
$55,950 · Simsbury Bk&tr
—
—
Walden Plaza LLC
—
Loan Modification, Consolidation And Extension
related
$225,000 · Riverside Bk
—
—
Walden Plaza LLC
—
Loan Modification, Consolidation And Extension
related
—
—
—
Walden Plaza LLC
—
Deed Of Trust
related
$14,469 · Salisbury Bk&tr
—
—
Walden Plaza LLC
—
Loan Modification, Consolidation And Extension
related
$600,000 · Salisbury Bk&tr
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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