This particular handle doubtless refers to a property managed or owned by an organization named “Stephens Properties,” positioned at 1519 West 79th Road. This format sometimes denotes a bodily location, probably a residential or industrial constructing. Understanding the context of “Stephens Properties” as a enterprise entity and the particular handle as a locatable property gives a basis for additional investigation.
Finding and figuring out properties is essential in actual property, property administration, and associated fields. Exact handle data permits for correct record-keeping, property valuation, and facilitates transactions. Historic context, corresponding to previous possession, constructing permits, and zoning laws related to this handle, can provide helpful 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 matters corresponding to property particulars, possession historical past, market worth, and native laws. Additional analysis may contain accessing public data, contacting actual property companies, or consulting on-line property databases.
1. Property Location
Property location is a vital think about understanding the context of a selected handle like 1519 W 79th Road, particularly when contemplating its affiliation with a property administration firm corresponding to Stephens Properties. Location influences property worth, accessibility, and potential utilization. Analyzing location includes analyzing a number of key aspects.
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Geographic Coordinates
Exact latitude and longitude coordinates pinpoint the property’s actual place on the Earth’s floor. This exact location information is crucial for mapping, navigation, and spatial evaluation. Understanding the geographic coordinates permits for correct identification and differentiation from equally named areas.
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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 gives essential context for evaluating its potential.
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Accessibility and Transportation
Accessibility refers back to the ease of reaching the property through numerous 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, industrial, or industrial.
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Proximity to Key Providers
The gap to important providers like hospitals, colleges, procuring 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 aspects of property location contribute considerably to the general understanding of a selected handle. Within the case of 1519 W 79th Road, managed by Stephens Properties, the placement data gives essential context for assessing its worth, potential, and suitability for numerous functions. This detailed location evaluation permits for knowledgeable decision-making concerning property administration, funding, or growth.
2. Possession Particulars
Possession particulars are basic to understanding any property, together with the property positioned at 1519 W 79th Road related to Stephens Properties. These particulars set up authorized possession, duty for upkeep and taxes, and potential for transactions. A radical examination of possession gives vital insights for numerous 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, corresponding to property deeds, can sometimes 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 helpful 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 can even inform future funding choices.
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Liens and Encumbrances
Liens and encumbrances characterize claims in opposition to a property, usually associated to excellent money owed or unpaid taxes. Figuring out any present liens or encumbrances on 1519 W 79th Road is crucial 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, gives 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 gives a stable basis for assessing the property at 1519 W 79th Road. This data clarifies duty, reveals potential dangers and alternatives, and informs strategic decision-making associated to property administration, funding, or growth. This detailed evaluation of possession is vital for anybody interacting with the property, together with Stephens Properties, potential patrons, or regulatory our bodies.
3. Constructing Kind
Constructing sort considerably influences the operate, worth, and potential of a property, significantly when contemplating a selected handle like 1519 W 79th Road, probably managed by Stephens Properties. Understanding the constructing sort gives essential context for assessing its suitability for numerous functions and understanding its position inside the native market.
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Residential
Residential buildings function dwellings, starting from single-family properties to multi-unit residence 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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Business
Business buildings home companies, encompassing workplace areas, retail shops, and eating places. If 1519 W 79th Road is a industrial property, understanding the particular sort, corresponding to a standalone retail retailer or a multi-tenant workplace constructing, is essential. This classification impacts lease phrases, tenant combine, and potential income era.
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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 change into related. This classification dictates suitability for particular industrial operations and influences property valuation.
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Blended-Use
Blended-use buildings mix totally different features, usually incorporating residential, industrial, and even industrial areas inside a single construction. If 1519 W 79th Road represents a mixed-use growth, understanding the proportions and configurations of various makes use of turns into necessary. This classification provides complexity to zoning laws and property administration but additionally gives potential for diversified revenue streams.
Correct identification of the constructing sort at 1519 W 79th Road is crucial for knowledgeable decision-making associated to property administration, funding, or growth. This data, coupled with the context of Stephens Properties’ involvement, gives 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 Laws
Zoning laws play an important position in figuring out permitted land makes use of and constructing actions at any given handle. For a property corresponding to that probably managed by Stephens Properties at 1519 W 79th Road, understanding relevant zoning laws is crucial for guaranteeing compliance and maximizing property worth. Zoning laws dictate the sorts of actions allowed, constructing dimension and peak restrictions, parking necessities, and different growth requirements. These laws, established by native authorities, affect a property’s suitability for residential, industrial, industrial, or mixed-use functions. As an example, a property zoned for residential use can’t sometimes home a industrial enterprise. Conversely, a property inside a industrial zone could face restrictions on residential growth.
The connection between zoning laws and a selected property like 1519 W 79th Road includes a number of sensible concerns. Compliance with zoning laws is necessary for any growth or renovation undertaking. Variances or particular permits could also be required to deviate from present laws. Understanding present zoning laws informs potential future makes use of and growth prospects. For instance, a property zoned for high-density residential growth may current a possibility for setting up multi-family housing. Conversely, a property positioned inside a traditionally preserved district could face limitations on exterior modifications. Zoning laws additionally impression property worth; properties in commercially zoned areas usually command increased costs than these in residentially zoned areas. Data of zoning laws gives helpful insights for property house owners, builders, and buyers.
In abstract, zoning laws exert a big affect on property use and growth. For Stephens Properties and any stakeholders concerned with 1519 W 79th Road, a complete understanding of relevant zoning laws is essential for guaranteeing authorized compliance, maximizing property worth, and making knowledgeable choices concerning future growth or funding. Due diligence in researching and decoding native zoning ordinances is crucial for profitable property administration and growth. Ignoring zoning laws can result in authorized challenges, fines, and undertaking 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 gives a vital benchmark for numerous 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 includes evaluating the topic property (1519 W 79th Road) to comparable not too long ago offered properties in the identical neighborhood. This evaluation considers components like property dimension, age, situation, options, and site to determine an affordable market worth vary. A well-conducted CMA gives a sensible estimate of what the property may promote for within the present market situations.
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Value determinations
Skilled value determinations present a proper, unbiased evaluation of market worth. Appraisers make the most of established methodologies, contemplating numerous 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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Revenue Strategy
For income-generating properties, the revenue strategy estimates worth primarily based on potential rental revenue. 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 gives a helpful perspective on its monetary efficiency and potential return on funding.
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Value Strategy
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 price strategy might be helpful in assessing the alternative 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 gives a sensible evaluation of the property’s monetary price. This data, coupled with the context of Stephens Properties’ involvement, permits 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 variety of things that contribute to the general notion and desirability of the placement. Analyzing neighborhood context requires contemplating each tangible and intangible components.
Proximity to facilities, corresponding to parks, colleges, procuring 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 group 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 could command a premium value in comparison with comparable properties in areas with much less fascinating colleges. Equally, proximity to a well-liked procuring district may improve foot visitors and potential income for industrial properties. Conversely, a location tormented by excessive crime charges or lack of important facilities may negatively impression property values and desirability.
Past facilities, intangible components additionally contribute to neighborhood context. Group demographics, together with age, revenue ranges, and cultural variety, form the neighborhood’s character. Prevailing architectural types and the general aesthetic enchantment of the neighborhood contribute to its desirability. Social dynamics, together with group involvement and neighborhood occasions, foster a way of belonging. These intangible components usually exert a refined but highly effective affect on property values and the general enchantment of a location. As an example, a neighborhood recognized for its robust sense of group and energetic social scene may appeal to residents searching for a close-knit surroundings. Conversely, a neighborhood characterised by excessive turnover charges and restricted group engagement may be perceived as much less fascinating.
In abstract, understanding neighborhood context is crucial for assessing the true worth and potential of a property. For Stephens Properties and stakeholders desirous about 1519 W 79th Road, a complete evaluation of the encircling neighborhood gives essential insights into its strengths and weaknesses. This evaluation informs funding choices, property administration methods, and growth planning. A radical understanding of neighborhood context gives a basis for making knowledgeable choices and maximizing property worth.
Incessantly 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 supply a complete understanding of key elements associated to this property.
Query 1: What sort of property is positioned at 1519 W 79th Road?
The precise constructing sort requires additional investigation. Public data or contacting native actual property professionals can present clarification concerning whether or not the property is residential, industrial, industrial, or mixed-use. Understanding the constructing sort is essential for assessing its suitability for numerous 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 crucial for understanding duty 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 revenue strategy if relevant. Numerous on-line assets 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 growth restrictions. Consulting the related municipal authorities or accessing on-line zoning maps gives particular data concerning the zoning classification for 1519 W 79th Road. Understanding zoning laws is essential for compliance and future growth planning.
Query 5: What’s the neighborhood surrounding 1519 W 79th Road like?
Researching native demographics, facilities, faculty districts, and crime charges gives insights into the neighborhood context. On-line assets, group profiles, and native actual property brokers can provide helpful 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 acquire extra detailed details about this property?
Additional analysis may 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 realm. These assets can present extra particular particulars concerning the property’s historical past, options, and present standing. Thorough analysis is advisable earlier than making any choices associated to the property.
Understanding the important thing elements outlined above is crucial for anybody within the property at 1519 W 79th Road. Additional investigation and due diligence are advisable 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 Fastidiously: Location considerably influences property worth and potential. Assess proximity to facilities, transportation choices, faculty districts, and native financial tendencies. Understanding the neighborhood context gives helpful insights into long-term development and desirability.
Tip 3: Assess Constructing Situation: Knowledgeable inspection assesses structural integrity, mechanical programs, 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 gives helpful market insights.
Tip 5: Contemplate Lengthy-Time period Potential: Consider potential for future appreciation, growth alternatives, and long-term funding returns. Understanding zoning laws and native growth plans informs choices about long-term funding methods.
Tip 6: Overview Administration Practices: If a property administration firm like Stephens Properties is concerned, analysis their popularity, administration fashion, and payment construction. Efficient property administration maximizes funding returns and minimizes potential dangers.
Tip 7: Safe Financing Strategically: Discover numerous 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 pointers permits 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 gives remaining 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, gives a basis for knowledgeable decision-making. Thorough due diligence, together with researching public data, consulting native specialists, and analyzing market tendencies, permits for a whole 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 growth.
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 permits 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 reaching success in property-related endeavors.
