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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Assisted living facilities
847 County Hwy 122 Gloversville, NY 12078-6413
Entity Owned
14-yr Hold
Free & Clear
Property ID
US63-5181539
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1967
Total area
53,323 SF
Lot
91.8 ac (3,998,808 SF)
Zoning code
R1
APN
172800 117.-3-9.2
UPID
US63-5181539
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
-
Fulton County Nursing Services Employment Agency
-
Dr. Benjamin Cohen Physician Medical Clinic
-
SHARDUL KOPPAR Physician
-
John Desieno Pharmacy
-
SHERRY L WHEELOCK Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
Fulton Land Associates LLC · 14 yrs held
Fulton Land Associates LLC
since 2012
6 recorded transactions
Zoning & alternative use
R1 · Gloversville, 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 Gloversville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gloversville 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
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$13 / 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
$2,400,000
Assessed 2023
Previous assessed
$2,400,000
+0.0% YoY
Assessed land
$363,000
Assessed improvement
$2,037,000
Land market value
$715,271
Improvement market value
$4,013,793
Total market value
$4,729,064
Applied tax rate
170,500.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1967
Heating
STEAM
Buildings
3
Stories
1
Bathrooms
2
Total area
53,323 SF
Lot
91.8 ac (3,998,808 SF)
Zoning code
R1
APN
172800 117.-3-9.2
UPID
US63-5181539
Jurisdiction
FULTON
Zoning & alternative use
R1 · Gloversville, NYZoning R1 · permitted uses
R1 · Gloversville, 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
Year built
1967
Heating
STEAM
Stories
1
Buildings
3
Bathrooms
2
Lot
91.8 ac
Current owner
From public records · entity-resolved
Fulton Land Associates LLC
Entity
Free & Clear · 14 yrs held
Mailing address
4770 WHITE PLNS RD #3, BRONX, NY 10470-1136
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2026
—
847 County Hwy 122 LLC
—
Deed
related
$22,029,061 · The Huntington National Bank
Oct 11, 2016
—
Fulton Land Assoc LLC
—
Deed
related
$9,876,195 · M&t Bank NA
Jun 12, 2012
—
Fulton Land Associates LLC
County Of Fulton
Quit Claim Deed
related
—
Jun 2, 2012
—
Fulton Land Associates LLC
County Of Fulton
Quit Claim Deed
related
—
Apr 6, 2012
$1,500,000
Fulton Land Associates LLC
County Of Fulton
Quit Claim Arm's Length For Ne States
—
Jan 23, 2012
—
County Of Fulton
City Of Gloversville
Quit Claim Deed
related
—
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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