This particular deal with possible refers to a property managed or owned by an organization named “Stephens Properties,” positioned at 1519 West 79th Road. This format usually denotes a bodily location, probably a residential or business constructing. Understanding the context of “Stephens Properties” as a enterprise entity and the precise deal with as a locatable property supplies a basis for additional investigation.
Finding and figuring out properties is essential in actual property, property administration, and associated fields. Exact deal with data permits for correct record-keeping, property valuation, and facilitates transactions. Historic context, similar to previous possession, constructing permits, and zoning laws related to this deal with, can provide beneficial insights into the property’s present standing and potential future use.
This understanding of the property’s location and the concerned administration firm kinds a foundation for exploring related subjects similar to property particulars, possession historical past, market worth, and native laws. Additional analysis would possibly contain accessing public data, contacting actual property businesses, or consulting on-line property databases.
1. Property Location
Property location is a essential consider understanding the context of a selected deal with like 1519 W 79th Road, particularly when contemplating its affiliation with a property administration firm similar to Stephens Properties. Location influences property worth, accessibility, and potential utilization. Analyzing location entails analyzing a number of key sides.
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Geographic Coordinates
Exact latitude and longitude coordinates pinpoint the property’s precise place on the Earth’s floor. This exact location information is important for mapping, navigation, and spatial evaluation. Understanding the geographic coordinates permits for correct identification and differentiation from equally named places.
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Neighborhood Context
The encircling neighborhood considerably impacts a property’s character. Elements like native facilities, faculty districts, crime charges, and demographic tendencies contribute to the general desirability and market worth. For 1519 W 79th Road, understanding the neighborhood supplies essential context for evaluating its potential.
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Accessibility and Transportation
Accessibility refers back to the ease of reaching the property by way of varied transportation modes. Proximity to main roads, public transit choices, and airports influences comfort and connectivity. Analyzing accessibility helps assess the property’s suitability for various functions, be it residential, business, or industrial.
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Proximity to Key Providers
The space to important companies like hospitals, faculties, purchasing facilities, and leisure services impacts the standard of life and practicality of a location. This proximity is a key consideration for potential residents or companies working at 1519 W 79th Road.
These sides of property location contribute considerably to the general understanding of a selected deal with. Within the case of 1519 W 79th Road, managed by Stephens Properties, the situation data supplies essential context for assessing its worth, potential, and suitability for varied functions. This detailed location evaluation permits for knowledgeable decision-making concerning property administration, funding, or improvement.
2. Possession Particulars
Possession particulars are elementary to understanding any property, together with the property positioned at 1519 W 79th Road related to Stephens Properties. These particulars set up authorized possession, accountability for upkeep and taxes, and potential for transactions. An intensive examination of possession supplies essential insights for varied stakeholders.
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Present Authorized Proprietor
Figuring out the present authorized proprietor of 1519 W 79th Road is paramount. This data confirms who holds the title to the property and has the authorized proper to promote, lease, or in any other case handle it. Public data, similar to property deeds, can usually present this data. Figuring out whether or not Stephens Properties is the authorized proprietor or manages the property on behalf of one other entity is essential.
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Possession Historical past
Tracing the property’s possession historical past can reveal beneficial details about previous transactions, renovations, and potential authorized encumbrances. This historical past can provide insights into the property’s present situation and market worth. A transparent understanding of previous possession patterns may also inform future funding choices.
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Liens and Encumbrances
Liens and encumbrances signify claims towards a property, usually associated to excellent money owed or unpaid taxes. Figuring out any current liens or encumbrances on 1519 W 79th Road is important for assessing its true market worth and potential for future transactions. A title search can reveal this data.
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Possession Construction
Understanding the possession construction, whether or not particular person, company, or trust-based, supplies insights into the decision-making course of and potential complexity of future transactions. This data is related for anybody contemplating buying, leasing, or investing within the property.
Complete data of possession particulars supplies a strong basis for assessing the property at 1519 W 79th Road. This data clarifies accountability, reveals potential dangers and alternatives, and informs strategic decision-making associated to property administration, funding, or improvement. This detailed evaluation of possession is essential for anybody interacting with the property, together with Stephens Properties, potential consumers, or regulatory our bodies.
3. Constructing Sort
Constructing sort considerably influences the operate, worth, and potential of a property, significantly when contemplating a selected deal with like 1519 W 79th Road, probably managed by Stephens Properties. Understanding the constructing sort supplies essential context for assessing its suitability for varied functions and understanding its position inside the native market.
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Residential
Residential buildings function dwellings, starting from single-family houses to multi-unit condo complexes. If 1519 W 79th Road is a residential constructing, additional classification into subtypes like indifferent homes, townhouses, or condominiums is critical. This classification impacts property worth, rental potential, and goal demographics.
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Industrial
Industrial buildings home companies, encompassing workplace areas, retail shops, and eating places. If 1519 W 79th Road is a business property, understanding the precise sort, similar to a standalone retail retailer or a multi-tenant workplace constructing, is essential. This classification impacts lease phrases, tenant combine, and potential income technology.
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Industrial
Industrial buildings accommodate manufacturing, warehousing, and distribution actions. If 1519 W 79th Road is an industrial property, components like warehouse dimension, loading dock entry, and heavy equipment capability turn out to be related. This classification dictates suitability for particular industrial operations and influences property valuation.
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Combined-Use
Combined-use buildings mix completely different capabilities, usually incorporating residential, business, and even industrial areas inside a single construction. If 1519 W 79th Road represents a mixed-use improvement, understanding the proportions and configurations of various makes use of turns into essential. This classification provides complexity to zoning laws and property administration but in addition provides potential for diversified earnings streams.
Correct identification of the constructing sort at 1519 W 79th Road is important for knowledgeable decision-making associated to property administration, funding, or improvement. This data, coupled with the context of Stephens Properties’ involvement, supplies a extra complete understanding of the property’s present standing and future potential inside the native market. Additional investigation could also be wanted to find out the exact constructing sort and its particular traits.
4. Zoning Rules
Zoning laws play an important position in figuring out permitted land makes use of and constructing actions at any given deal with. For a property similar to that probably managed by Stephens Properties at 1519 W 79th Road, understanding relevant zoning laws is important for making certain compliance and maximizing property worth. Zoning laws dictate the kinds of actions allowed, constructing dimension and top restrictions, parking necessities, and different improvement requirements. These laws, established by native authorities, affect a property’s suitability for residential, business, industrial, or mixed-use functions. As an example, a property zoned for residential use can not usually home a business enterprise. Conversely, a property inside a business zone might face restrictions on residential improvement.
The connection between zoning laws and a selected property like 1519 W 79th Road entails a number of sensible issues. Compliance with zoning laws is necessary for any improvement or renovation challenge. Variances or particular permits could also be required to deviate from current laws. Understanding present zoning laws informs potential future makes use of and improvement potentialities. For instance, a property zoned for high-density residential improvement would possibly current a chance for establishing multi-family housing. Conversely, a property positioned inside a traditionally preserved district might face limitations on exterior modifications. Zoning laws additionally affect property worth; properties in commercially zoned areas usually command larger costs than these in residentially zoned areas. Data of zoning laws supplies beneficial insights for property homeowners, builders, and traders.
In abstract, zoning laws exert a big affect on property use and improvement. For Stephens Properties and any stakeholders concerned with 1519 W 79th Road, a complete understanding of relevant zoning laws is essential for making certain authorized compliance, maximizing property worth, and making knowledgeable choices concerning future improvement or funding. Due diligence in researching and deciphering native zoning ordinances is important for profitable property administration and improvement. Ignoring zoning laws can result in authorized challenges, fines, and challenge delays.
5. Market Valuation
Market valuation performs an important position in understanding the monetary context of any property, significantly one related to a property administration firm like Stephens Properties. For the property positioned at 1519 W 79th Road, market valuation supplies a essential benchmark for varied monetary choices, together with potential gross sales, purchases, investments, and insurance coverage. Correct valuation considers quite a few components, offering a complete evaluation of the property’s price within the present market.
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Comparative Market Evaluation (CMA)
CMA entails evaluating the topic property (1519 W 79th Road) to related just lately bought properties in the identical neighborhood. This evaluation considers components like property dimension, age, situation, options, and site to ascertain an inexpensive market worth vary. A well-conducted CMA supplies a sensible estimate of what the property would possibly promote for within the present market situations.
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Value determinations
Skilled value determinations present a proper, impartial evaluation of market worth. Appraisers make the most of established methodologies, contemplating varied components together with property traits, market situations, and up to date gross sales information. Value determinations are sometimes required for mortgage financing and insurance coverage functions, providing a dependable and goal valuation for 1519 W 79th Road.
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Earnings Method
For income-generating properties, the earnings strategy estimates worth based mostly on potential rental earnings. This strategy considers components like rental charges, emptiness charges, working bills, and capitalization charges. If 1519 W 79th Road is a rental property managed by Stephens Properties, this strategy supplies a beneficial perspective on its monetary efficiency and potential return on funding.
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Value Method
The price strategy estimates the price of changing the constructing, much less depreciation. This strategy is especially related for newer properties or distinctive constructions the place comparable gross sales information is restricted. Whereas much less widespread for residential properties, the associated fee strategy might be beneficial in assessing the substitute worth of 1519 W 79th Road for insurance coverage functions.
Understanding the market valuation of 1519 W 79th Road is essential for knowledgeable decision-making. Whether or not contemplating a sale, buy, or funding, a complete valuation supplies a sensible evaluation of the property’s monetary price. This data, coupled with the context of Stephens Properties’ involvement, allows stakeholders to make sound monetary judgments and strategize successfully. Precisely assessing market worth minimizes monetary dangers and maximizes potential returns.
6. Neighborhood Context
Neighborhood context considerably influences the character and worth of a property like that probably managed by Stephens Properties at 1519 W 79th Road. This context encompasses a spread of things that contribute to the general notion and desirability of the situation. Analyzing neighborhood context requires contemplating each tangible and intangible parts.
Proximity to facilities, similar to parks, faculties, purchasing facilities, and eating places, straight impacts high quality of life and property values. Entry to high quality schooling influences household choices concerning residential decisions. The presence of well-maintained parks and leisure services enhances neighborhood well-being. Handy entry to retail and eating institutions provides to the attractiveness of a location. For instance, a property positioned close to a highly-rated faculty district might command a premium worth in comparison with related properties in areas with much less fascinating faculties. Equally, proximity to a preferred purchasing district would possibly enhance foot site visitors and potential income for business properties. Conversely, a location suffering from excessive crime charges or lack of important facilities might negatively affect property values and desirability.
Past facilities, intangible components additionally contribute to neighborhood context. Group demographics, together with age, earnings ranges, and cultural variety, form the neighborhood’s character. Prevailing architectural kinds and the general aesthetic attraction of the neighborhood contribute to its desirability. Social dynamics, together with neighborhood involvement and neighborhood occasions, foster a way of belonging. These intangible components usually exert a delicate but highly effective affect on property values and the general attraction of a location. As an example, a neighborhood identified for its robust sense of neighborhood and energetic social scene would possibly appeal to residents in search of a close-knit setting. Conversely, a neighborhood characterised by excessive turnover charges and restricted neighborhood engagement may be perceived as much less fascinating.
In abstract, understanding neighborhood context is important for assessing the true worth and potential of a property. For Stephens Properties and stakeholders taken with 1519 W 79th Road, a complete evaluation of the encircling neighborhood supplies essential insights into its strengths and weaknesses. This evaluation informs funding choices, property administration methods, and improvement planning. An intensive understanding of neighborhood context supplies a basis for making knowledgeable choices and maximizing property worth.
Often Requested Questions
This part addresses widespread inquiries concerning the property probably managed by Stephens Properties, positioned at 1519 W 79th Road. Clear and concise solutions intention to offer a complete understanding of key elements associated to this property.
Query 1: What sort of property is positioned at 1519 W 79th Road?
The particular constructing sort requires additional investigation. Public data or contacting native actual property professionals can present clarification concerning whether or not the property is residential, business, industrial, or mixed-use. Understanding the constructing sort is essential for assessing its suitability for varied functions.
Query 2: Who owns the property at 1519 W 79th Road?
Figuring out the authorized proprietor requires consulting public property data. Whereas probably managed by Stephens Properties, confirming their possession standing versus a administration position necessitates additional analysis. Clarifying possession is important for understanding accountability and potential transactions.
Query 3: What’s the present market worth of this property?
Estimating market worth requires a complete evaluation involving comparative market evaluation, skilled value determinations, or probably the earnings strategy if relevant. Varied on-line sources and native actual property professionals can present insights into present market values within the space. Correct valuation is essential for monetary choices.
Query 4: What are the relevant zoning laws for this location?
Native zoning ordinances govern permitted makes use of and improvement restrictions. Consulting the related municipal authorities or accessing on-line zoning maps supplies particular data concerning the zoning classification for 1519 W 79th Road. Understanding zoning laws is essential for compliance and future improvement planning.
Query 5: What’s the neighborhood surrounding 1519 W 79th Road like?
Researching native demographics, facilities, faculty districts, and crime charges supplies insights into the neighborhood context. On-line sources, neighborhood profiles, and native actual property brokers can provide beneficial details about the encircling space. Understanding the neighborhood is essential for assessing high quality of life and potential property worth appreciation.
Query 6: How can one receive extra detailed details about this property?
Additional analysis would possibly contain accessing public data, contacting Stephens Properties straight in the event that they handle the property, or consulting native actual property professionals accustomed to the world. These sources can present extra particular particulars concerning the property’s historical past, options, and present standing. Thorough analysis is beneficial earlier than making any choices associated to the property.
Understanding the important thing elements outlined above is important for anybody within the property at 1519 W 79th Road. Additional investigation and due diligence are beneficial for complete understanding and knowledgeable decision-making.
The next sections will delve deeper into particular elements of property evaluation and market dynamics.
Ideas for Evaluating Properties Like 1519 W 79th Road
Cautious consideration of key components is essential when evaluating properties, whether or not for funding, buy, or administration functions. The following pointers present a framework for complete due diligence, enabling knowledgeable decision-making.
Tip 1: Conduct Thorough Due Diligence: Analysis goes past surface-level observations. Examine property historical past, possession particulars, zoning laws, and any potential authorized encumbrances. Accessing public data and consulting authorized professionals ensures a whole understanding of the property’s standing.
Tip 2: Analyze Location Rigorously: Location considerably influences property worth and potential. Assess proximity to facilities, transportation choices, faculty districts, and native financial tendencies. Understanding the neighborhood context supplies beneficial insights into long-term development and desirability.
Tip 3: Assess Constructing Situation: Knowledgeable inspection assesses structural integrity, mechanical techniques, and potential upkeep wants. Understanding the constructing’s situation permits for correct budgeting and knowledgeable negotiations.
Tip 4: Perceive Market Dynamics: Analysis present market tendencies, together with comparable gross sales information, rental charges, and emptiness charges. Correct market evaluation informs pricing methods and funding choices. Consulting native actual property specialists supplies beneficial market insights.
Tip 5: Contemplate Lengthy-Time period Potential: Consider potential for future appreciation, improvement alternatives, and long-term funding returns. Understanding zoning laws and native improvement plans informs choices about long-term funding methods.
Tip 6: Assessment Administration Practices: If a property administration firm like Stephens Properties is concerned, analysis their repute, administration model, and price construction. Efficient property administration maximizes funding returns and minimizes potential dangers.
Tip 7: Safe Financing Strategically: Discover varied financing choices and safe favorable phrases. Understanding financing choices and rates of interest permits for knowledgeable monetary planning and maximizes return on funding.
Cautious consideration of the following tips allows knowledgeable decision-making, minimizes dangers, and maximizes potential returns. Thorough evaluation and strategic planning are important for profitable property analysis.
The next conclusion summarizes the important thing takeaways and supplies ultimate suggestions for navigating property evaluations successfully.
Conclusion
Evaluation of the property probably related to Stephens Properties at 1519 W 79th Road necessitates a complete strategy. Understanding key elements, together with property location, possession particulars, constructing sort, zoning laws, market valuation, and neighborhood context, supplies a basis for knowledgeable decision-making. Thorough due diligence, together with researching public data, consulting native specialists, and analyzing market tendencies, permits for an entire evaluation of the property’s potential. Correct valuation and a transparent understanding of authorized and regulatory components are important for profitable property administration, funding, or improvement.
Strategic property analysis requires a holistic perspective, integrating various information factors and market insights. Cautious consideration of each tangible and intangible components contributes to a complete understanding of a property’s worth and potential. This nuanced strategy allows stakeholders to navigate complexities, mitigate dangers, and capitalize on alternatives inside the dynamic actual property panorama. In the end, knowledgeable decision-making, pushed by thorough analysis and strategic planning, is paramount for attaining success in property-related endeavors.
