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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Auto shops
9 Commerce Park Dr Wilton, NY 12831-2239
Individually Owned
21-yr Hold
Free & Clear
Property ID
US63-3118341
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2013
Total area
8,000 SF
Lot
0.92 ac (40,075 SF)
Zoning code
C-3
APN
415600 115.-2-84
UPID
US63-3118341
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
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$480k
Blend (final)
Blend
$505k
Owner & transaction history
Joseph R Ernst · 21 yrs held
Joseph R Ernst
since 2004
1 recorded transaction
Zoning & alternative use
C-3 · Wilton, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Design standards for RB-1, CR-1, CR-2, C-2, and C-3 Zoning Districts. Article XXV Special Use Permits § 129-175 Special use permit review. § 129-176 Standard requirements for specific uses. § 129-177 through § 129-179. (Reserved)
Zone name
Commercial And Light Industrial District
General category
INDUSTRIAL
Zone area
595.48 ac
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 Wilton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilton 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
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$63 / 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
$368,200
Assessed 2023
Previous assessed
$185,000
+99.0% YoY
Assessed land
$88,200
Assessed improvement
$280,000
Land market value
$122,500
Improvement market value
$388,889
Total market value
$511,389
Applied tax rate
414,401.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2013
Heating
NONE
Stories
1
Total area
8,000 SF
Lot
0.92 ac (40,075 SF)
Zoning code
C-3
APN
415600 115.-2-84
UPID
US63-3118341
Jurisdiction
SARATOGA
Zoning & alternative use
C-3 · Wilton, NYZoning C-3 · permitted uses
C-3 · Wilton, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Design standards for RB-1, CR-1, CR-2, C-2, and C-3 Zoning Districts. Article XXV Special Use Permits § 129-175 Special use permit review. § 129-176 Standard requirements for specific uses. § 129-177 through § 129-179. (Reserved)
Zone name
Commercial And Light Industrial District
General category
INDUSTRIAL
Zone area
595.48 ac
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Joseph R Ernst
Individual
Free & Clear · 21 yrs held
Mailing address
391 MAPLE AVE, SARATOGA SPRINGS, NY 12866-5501
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2004
$50,000
Joseph R Ernst
184 Ballard Road
Warranty 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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