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Property profile & analytics
OFF-MARKET
Estimated value
$315,000
Medical Office Space
896 Riverview Rd Rexford, NY 12148-1318
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US63-0440876
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1990
Total area
14,270 SF
Lot
8.94 ac (389,426 SF)
Zoning code
05 - COMMERCIAL
APN
412400 269.19-1-44.1
UPID
US63-0440876
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
-
Aqueduct Animal Hospital Veterinary Clinic
-
Stewart Silvers Physician
-
Sunitha Sukumaran Physician
-
Muhammad Tai Physician
-
Howard Schlossberg Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$315k
Owner & transaction history
Merican Veterinary Ents LLC · 6 yrs held
Merican Veterinary Ents LLC
since 2019
5 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Rexford, 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 Rexford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rexford 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
$315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$315k
Range $284k – $347k · ±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
$22 / 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
$500,000
Assessed 2023
Previous assessed
$500,000
+0.0% YoY
Assessed land
$138,900
Assessed improvement
$361,100
Land market value
$356,154
Improvement market value
$925,897
Total market value
$1,282,051
Applied tax rate
422,401.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
14,270 SF
Lot
8.94 ac (389,426 SF)
Zoning code
05 - COMMERCIAL
APN
412400 269.19-1-44.1
UPID
US63-0440876
Jurisdiction
SARATOGA
Zoning & alternative use
05 - COMMERCIAL · Rexford, NYZoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Rexford, 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
1990
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
8.94 ac
Current owner
From public records · entity-resolved
Merican Veterinary Ents LLC
Entity
Mailing address
896 RIVERVIEW RD, REXFORD, NY 12148-1318
Ownership since
2019
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
Jan 14, 2021
—
Merican Veterinary Ents LLC
—
Deed
related
$1,150,000 · Adirondack Trust Co
Aug 19, 2019
$1,150,000
Merican Veterinary Ents LLC
Harrison Maria Trust
Warranty Deed
$1,150,000 · Adirondack Trust Co
Oct 6, 2015
$850,000
Harrison,maria Trust
Quinmed Realty INC
Warranty Deed
—
—
—
James S Munson
—
Deed Of Trust
related
$44,949 · Trustco Bank
—
—
Merican Veterinary Ents LLC
—
Deed Of Trust
related
$1,150,000 · Adirondack Trust Co
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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