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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Investment properties
8621 State Rte 21, Naples, NY 14512
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-0313609
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
1,752 SF
Lot
0.32 ac (13,939 SF)
Zoning code
05 - COMMERCIAL
APN
323889 203.12-1-13.100
UPID
US63-0313609
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
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
Ls Golf INC · 4 yrs held
Ls Golf INC
since 2021
Last sale
$1.0M
2 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Naples, 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 Naples submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naples 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
$825,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $1.04M (Dec 30 2021)
Last sale anchor
$1.04M
Dec 30 2021
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
$534 / 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
$109,900
Assessed 2023
Previous assessed
$109,900
+0.0% YoY
Assessed land
$5,100
Assessed improvement
$104,800
Land market value
$5,545
Improvement market value
$113,955
Total market value
$119,500
Applied tax rate
323,801.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
HOT WATER
Stories
2
Bathrooms
6
Total area
1,752 SF
Lot
0.32 ac (13,939 SF)
Zoning code
05 - COMMERCIAL
APN
323889 203.12-1-13.100
UPID
US63-0313609
Jurisdiction
ONTARIO
Zoning & alternative use
05 - COMMERCIAL · Naples, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Naples, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Naples. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Stories
2
Bathrooms
6
Lot
0.32 ac
Current owner
From public records · entity-resolved
Ls Golf INC
Entity
Mailing address
7186 EELPOT RD, NAPLES, NY 14512-9255
Ownership since
2021
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
Dec 30, 2021
$1,035,981
Ls Golf INC
Rc Naples INC
Warranty Deed
$1,333,000 · Rc Naples INC
Apr 10, 2015
$80,000
Rc Naples INC
Diane Kochendorfer
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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