This particular tackle probably 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, presumably a residential or business constructing. Understanding the context of “Stephens Properties” as a enterprise entity and the precise tackle 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 tackle info permits for correct record-keeping, property valuation, and facilitates transactions. Historic context, corresponding to previous possession, constructing permits, and zoning rules related to this tackle, can supply 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 corresponding to property particulars, possession historical past, market worth, and native rules. 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 crucial consider understanding the context of a selected tackle 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 entails inspecting a number of key sides.
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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 knowledge is important 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 encompassing neighborhood considerably impacts a property’s character. Elements like native facilities, faculty districts, crime charges, and demographic traits 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 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 providers like hospitals, faculties, purchasing facilities, and leisure amenities 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 tackle. Within the case of 1519 W 79th Road, managed by Stephens Properties, the placement info gives essential context for assessing its worth, potential, and suitability for varied functions. This detailed location evaluation permits for knowledgeable decision-making relating to 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. An intensive examination of possession gives crucial 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 info 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 usually present this info. 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 supply insights into the property’s present situation and market worth. A transparent understanding of previous possession patterns may inform future funding selections.
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Liens and Encumbrances
Liens and encumbrances characterize claims in opposition to a property, typically associated to excellent money owed or unpaid taxes. Figuring out any present 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 info.
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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 info is related for anybody contemplating buying, leasing, or investing within the property.
Complete information of possession particulars gives a strong basis for assessing the property at 1519 W 79th Road. This info 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 crucial for anybody interacting with the property, together with Stephens Properties, potential consumers, or regulatory our bodies.
3. Constructing Sort
Constructing kind considerably influences the operate, worth, and potential of a property, notably when contemplating a selected tackle like 1519 W 79th Road, probably managed by Stephens Properties. Understanding the constructing kind gives essential context for assessing its suitability for varied functions and understanding its position throughout the native market.
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Residential
Residential buildings function dwellings, starting from single-family houses to multi-unit house complexes. If 1519 W 79th Road is a residential constructing, additional classification into subtypes like indifferent homes, townhouses, or condominiums is important. 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 business property, understanding the precise kind, corresponding 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, elements like warehouse dimension, loading dock entry, and heavy equipment capability grow to be related. This classification dictates suitability for particular industrial operations and influences property valuation.
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Blended-Use
Blended-use buildings mix completely different capabilities, typically incorporating residential, business, 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 vital. This classification provides complexity to zoning rules and property administration but in addition provides potential for diversified revenue streams.
Correct identification of the constructing kind at 1519 W 79th Road is important for knowledgeable decision-making associated to property administration, funding, or growth. This info, coupled with the context of Stephens Properties’ involvement, gives a extra complete understanding of the property’s present standing and future potential throughout the native market. Additional investigation could also be wanted to find out the exact constructing kind and its particular traits.
4. Zoning Laws
Zoning rules play a vital position in figuring out permitted land makes use of and constructing actions at any given tackle. For a property corresponding to that probably managed by Stephens Properties at 1519 W 79th Road, understanding relevant zoning rules is important for making certain compliance and maximizing property worth. Zoning rules dictate the sorts of actions allowed, constructing dimension and peak restrictions, parking necessities, and different growth requirements. These rules, 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 could face restrictions on residential growth.
The connection between zoning rules and a selected property like 1519 W 79th Road entails a number of sensible concerns. Compliance with zoning rules is necessary for any growth or renovation undertaking. Variances or particular permits could also be required to deviate from present rules. Understanding present zoning rules informs potential future makes use of and growth prospects. For instance, a property zoned for high-density residential growth would possibly 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 rules additionally affect property worth; properties in commercially zoned areas typically command greater costs than these in residentially zoned areas. Data of zoning rules gives beneficial insights for property homeowners, builders, and traders.
In abstract, zoning rules 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 rules is essential for making certain authorized compliance, maximizing property worth, and making knowledgeable selections relating to future growth or funding. Due diligence in researching and decoding native zoning ordinances is important for profitable property administration and growth. Ignoring zoning rules can result in authorized challenges, fines, and undertaking delays.
5. Market Valuation
Market valuation performs a vital position in understanding the monetary context of any property, notably one related to a property administration firm like Stephens Properties. For the property positioned at 1519 W 79th Road, market valuation gives a crucial benchmark for varied monetary selections, together with potential gross sales, purchases, investments, and insurance coverage. Correct valuation considers quite a few elements, 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 not too long ago offered properties in the identical neighborhood. This evaluation considers elements like property dimension, age, situation, options, and site to ascertain an inexpensive market worth vary. A well-conducted CMA gives a sensible estimate of what the property would possibly promote for within the present market circumstances.
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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 varied elements together with property traits, market circumstances, and up to date gross sales knowledge. 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 based mostly on potential rental revenue. This strategy considers elements 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 beneficial perspective on its monetary efficiency and potential return on funding.
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Value Strategy
The fee 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 knowledge is restricted. Whereas much less frequent for residential properties, the price strategy could 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 gives a sensible evaluation of the property’s monetary price. This info, 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, faculties, purchasing facilities, and eating places, instantly impacts high quality of life and property values. Entry to high quality training influences household selections relating to residential decisions. The presence of well-maintained parks and leisure amenities 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 could 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 visitors and potential income for business properties. Conversely, a location tormented by excessive crime charges or lack of important facilities may negatively affect property values and desirability.
Past facilities, intangible elements additionally contribute to neighborhood context. Neighborhood demographics, together with age, revenue 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 elements typically exert a refined but highly effective affect on property values and the general attraction of a location. As an example, a neighborhood recognized for its robust sense of neighborhood and energetic social scene would possibly appeal to residents looking for a close-knit surroundings. Conversely, a neighborhood characterised by excessive turnover charges and restricted neighborhood engagement is likely to 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 occupied with 1519 W 79th Road, a complete evaluation of the encompassing neighborhood gives essential insights into its strengths and weaknesses. This evaluation informs funding selections, property administration methods, and growth planning. An intensive understanding of neighborhood context gives a basis for making knowledgeable selections and maximizing property worth.
Regularly Requested Questions
This part addresses frequent inquiries relating to the property probably managed by Stephens Properties, positioned at 1519 W 79th Road. Clear and concise solutions purpose to supply a complete understanding of key facets associated to this property.
Query 1: What kind of property is positioned at 1519 W 79th Road?
The particular constructing kind requires additional investigation. Public data or contacting native actual property professionals can present clarification relating to whether or not the property is residential, business, industrial, or mixed-use. Understanding the constructing kind 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 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 selections.
Query 4: What are the relevant zoning rules 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 info relating to the zoning classification for 1519 W 79th Road. Understanding zoning rules 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, neighborhood profiles, and native actual property brokers can supply beneficial details about the encompassing 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 instantly 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 relating to the property’s historical past, options, and present standing. Thorough analysis is really useful earlier than making any selections associated to the property.
Understanding the important thing facets outlined above is important for anybody within the property at 1519 W 79th Road. Additional investigation and due diligence are really useful for complete understanding and knowledgeable decision-making.
The next sections will delve deeper into particular facets of property evaluation and market dynamics.
Ideas for Evaluating Properties Like 1519 W 79th Road
Cautious consideration of key elements is essential when evaluating properties, whether or not for funding, buy, or administration functions. The following tips 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 rules, and any potential authorized encumbrances. Accessing public data and consulting authorized professionals ensures an entire 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 traits. Understanding the neighborhood context gives beneficial insights into long-term progress 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 traits, together with comparable gross sales knowledge, rental charges, and emptiness charges. Correct market evaluation informs pricing methods and funding selections. Consulting native actual property specialists gives beneficial market insights.
Tip 5: Think about Lengthy-Time period Potential: Consider potential for future appreciation, growth alternatives, and long-term funding returns. Understanding zoning rules and native growth plans informs selections about long-term funding methods.
Tip 6: Overview Administration Practices: If a property administration firm like Stephens Properties is concerned, analysis their fame, administration fashion, and charge 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 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 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 facets, together with property location, possession particulars, constructing kind, zoning rules, 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 traits, permits for an entire evaluation of the property’s potential. Correct valuation and a transparent understanding of authorized and regulatory elements are important for profitable property administration, funding, or growth.
Strategic property analysis requires a holistic perspective, integrating various knowledge factors and market insights. Cautious consideration of each tangible and intangible elements 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 throughout 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.
