This particular deal with seemingly refers to a property managed or owned by an organization named “Stephens Properties,” situated at 1519 West 79th Avenue. This format sometimes denotes a bodily location, presumably a residential or business constructing. Understanding the context of “Stephens Properties” as a enterprise entity and the particular deal with 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 deal with info permits for correct record-keeping, property valuation, and facilitates transactions. Historic context, resembling previous possession, constructing permits, and zoning laws related to this deal with, can provide priceless 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 resembling property particulars, possession historical past, market worth, and native laws. Additional analysis may contain accessing public data, contacting actual property businesses, or consulting on-line property databases.
1. Property Location
Property location is a vital consider understanding the context of a selected deal with like 1519 W 79th Avenue, particularly when contemplating its affiliation with a property administration firm resembling Stephens Properties. Location influences property worth, accessibility, and potential utilization. Analyzing location includes analyzing 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 information is crucial 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 encompassing neighborhood considerably impacts a property’s character. Components like native facilities, faculty districts, crime charges, and demographic developments contribute to the general desirability and market worth. For 1519 W 79th Avenue, 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 Companies
The space to important providers like hospitals, faculties, buying 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 Avenue.
These sides of property location contribute considerably to the general understanding of a selected deal with. Within the case of 1519 W 79th Avenue, 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 improvement.
2. Possession Particulars
Possession particulars are basic to understanding any property, together with the property situated at 1519 W 79th Avenue related to Stephens Properties. These particulars set up authorized possession, accountability for upkeep and taxes, and potential for transactions. A radical examination of possession gives vital insights for varied stakeholders.
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Present Authorized Proprietor
Figuring out the present authorized proprietor of 1519 W 79th Avenue 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, resembling property deeds, can sometimes 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 priceless 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 characterize claims towards a property, usually associated to excellent money owed or unpaid taxes. Figuring out any current liens or encumbrances on 1519 W 79th Avenue is crucial 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 data of possession particulars gives a stable basis for assessing the property at 1519 W 79th Avenue. This info 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 vital for anybody interacting with the property, together with Stephens Properties, potential consumers, or regulatory our bodies.
3. Constructing Kind
Constructing kind considerably influences the perform, worth, and potential of a property, significantly when contemplating a selected deal with like 1519 W 79th Avenue, probably managed by Stephens Properties. Understanding the constructing kind gives essential context for assessing its suitability for varied functions and understanding its function inside the native market.
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Residential
Residential buildings function dwellings, starting from single-family houses to multi-unit condominium complexes. If 1519 W 79th Avenue 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 Avenue is a business property, understanding the particular kind, resembling 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 Avenue is an industrial property, elements like warehouse measurement, loading dock entry, and heavy equipment capability turn into related. This classification dictates suitability for particular industrial operations and influences property valuation.
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Combined-Use
Combined-use buildings mix totally different features, usually incorporating residential, business, and even industrial areas inside a single construction. If 1519 W 79th Avenue 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 presents potential for diversified revenue streams.
Correct identification of the constructing kind at 1519 W 79th Avenue is crucial for knowledgeable decision-making associated to property administration, funding, or improvement. This info, 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 kind and its particular traits.
4. Zoning Laws
Zoning laws play a vital function in figuring out permitted land makes use of and constructing actions at any given deal with. For a property resembling that probably managed by Stephens Properties at 1519 W 79th Avenue, understanding relevant zoning laws is crucial for guaranteeing compliance and maximizing property worth. Zoning laws dictate the forms of actions allowed, constructing measurement 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. For example, a property zoned for residential use can not sometimes 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 Avenue includes a number of sensible issues. Compliance with zoning laws is necessary for any improvement or renovation undertaking. 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 may current a chance for establishing multi-family housing. Conversely, a property situated inside a traditionally preserved district might face limitations on exterior modifications. Zoning laws additionally influence property worth; properties in commercially zoned areas usually command larger costs than these in residentially zoned areas. Data of zoning laws gives priceless insights for property house owners, builders, and traders.
In abstract, zoning laws exert a major affect on property use and improvement. For Stephens Properties and any stakeholders concerned with 1519 W 79th Avenue, a complete understanding of relevant zoning laws is essential for guaranteeing authorized compliance, maximizing property worth, and making knowledgeable choices relating to future improvement or funding. Due diligence in researching and decoding native zoning ordinances is crucial for profitable property administration and improvement. Ignoring zoning laws can result in authorized challenges, fines, and undertaking delays.
5. Market Valuation
Market valuation performs a vital function in understanding the monetary context of any property, significantly one related to a property administration firm like Stephens Properties. For the property situated at 1519 W 79th Avenue, market valuation gives a vital benchmark for varied monetary choices, 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 value within the present market.
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Comparative Market Evaluation (CMA)
CMA includes evaluating the topic property (1519 W 79th Avenue) to comparable lately bought properties in the identical neighborhood. This evaluation considers elements like property measurement, age, situation, options, and site to determine an inexpensive market worth vary. A well-conducted CMA gives a practical estimate of what the property may promote for within the present market circumstances.
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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 elements together with property traits, market circumstances, 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 Avenue.
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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 Avenue is a rental property managed by Stephens Properties, this strategy gives a priceless 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 will be priceless in assessing the alternative worth of 1519 W 79th Avenue for insurance coverage functions.
Understanding the market valuation of 1519 W 79th Avenue is essential for knowledgeable decision-making. Whether or not contemplating a sale, buy, or funding, a complete valuation gives a practical evaluation of the property’s monetary value. This info, 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 Avenue. This context encompasses a spread of things that contribute to the general notion and desirability of the placement. Analyzing neighborhood context requires contemplating each tangible and intangible parts.
Proximity to facilities, resembling parks, faculties, buying facilities, and eating places, instantly impacts high quality of life and property values. Entry to high quality schooling influences household choices 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 situated close to a highly-rated faculty district might command a premium worth in comparison with comparable properties in areas with much less fascinating faculties. Equally, proximity to a well-liked buying district may enhance foot site visitors and potential income for business properties. Conversely, a location tormented by excessive crime charges or lack of important facilities may negatively influence property values and desirability.
Past facilities, intangible elements additionally contribute to neighborhood context. Group demographics, together with age, revenue ranges, and cultural range, form the neighborhood’s character. Prevailing architectural types and the general aesthetic enchantment of the neighborhood contribute to its desirability. Social dynamics, together with neighborhood involvement and neighborhood occasions, foster a way of belonging. These intangible elements usually exert a delicate but highly effective affect on property values and the general enchantment of a location. For example, a neighborhood identified for its sturdy sense of neighborhood and energetic social scene may entice residents searching for a close-knit surroundings. 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 crucial for assessing the true worth and potential of a property. For Stephens Properties and stakeholders considering 1519 W 79th Avenue, a complete evaluation of the encircling neighborhood gives essential insights into its strengths and weaknesses. This evaluation informs funding choices, property administration methods, and improvement planning. A radical understanding of neighborhood context gives a basis for making knowledgeable choices and maximizing property worth.
Continuously Requested Questions
This part addresses widespread inquiries relating to the property probably managed by Stephens Properties, situated at 1519 W 79th Avenue. Clear and concise solutions purpose to supply a complete understanding of key elements associated to this property.
Query 1: What kind of property is situated at 1519 W 79th Avenue?
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 Avenue?
Figuring out the authorized proprietor requires consulting public property data. Whereas probably managed by Stephens Properties, confirming their possession standing versus a administration function necessitates additional analysis. Clarifying possession is crucial 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 revenue strategy if relevant. Varied 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 improvement restrictions. Consulting the related municipal authorities or accessing on-line zoning maps gives particular info relating to the zoning classification for 1519 W 79th Avenue. Understanding zoning laws is essential for compliance and future improvement planning.
Query 5: What’s the neighborhood surrounding 1519 W 79th Avenue 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 provide priceless 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 may contain accessing public data, contacting Stephens Properties instantly in the event that they handle the property, or consulting native actual property professionals aware of 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 choices associated to the property.
Understanding the important thing elements outlined above is crucial for anybody within the property at 1519 W 79th Avenue. Additional investigation and due diligence are really useful 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 Avenue
Cautious consideration of key elements 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 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 developments. Understanding the neighborhood context gives priceless insights into long-term development and desirability.
Tip 3: Assess Constructing Situation: An expert 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 developments, 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 priceless market insights.
Tip 5: Think about 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 payment 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 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 gives remaining suggestions for navigating property evaluations successfully.
Conclusion
Evaluation of the property probably related to Stephens Properties at 1519 W 79th Avenue necessitates a complete strategy. Understanding key elements, together with property location, possession particulars, constructing kind, 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 developments, 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 improvement.
Strategic property analysis requires a holistic perspective, integrating various information 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 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.
