This particular tackle seemingly refers to a property managed or owned by an organization named “Stephens Properties,” positioned at 1519 West 79th Avenue. This format sometimes denotes a bodily location, presumably a residential or industrial constructing. Understanding the context of “Stephens Properties” as a enterprise entity and the precise tackle 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 tackle info permits for correct record-keeping, property valuation, and facilitates transactions. Historic context, comparable to previous possession, constructing permits, and zoning laws related to this tackle, can provide useful insights into the property’s present standing and potential future use.
This understanding of the property’s location and the concerned administration firm types a foundation for exploring related matters comparable to 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 think about understanding the context of a particular tackle like 1519 W 79th Avenue, particularly when contemplating its affiliation with a property administration firm comparable 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 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. Elements like native facilities, faculty districts, crime charges, and demographic traits contribute to the general desirability and market worth. For 1519 W 79th Avenue, 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 through 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, industrial, 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 particular tackle. Within the case of 1519 W 79th Avenue, managed by Stephens Properties, the situation info supplies 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 Avenue related to Stephens Properties. These particulars set up authorized possession, duty for upkeep and taxes, and potential for transactions. A radical examination of possession supplies 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, comparable to 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 useful 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 inform future funding choices.
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Liens and Encumbrances
Liens and encumbrances symbolize 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 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, supplies 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 supplies a strong basis for assessing the property at 1519 W 79th Avenue. 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 vital for anybody interacting with the property, together with Stephens Properties, potential patrons, or regulatory our bodies.
3. Constructing Kind
Constructing kind considerably influences the operate, worth, and potential of a property, notably when contemplating a particular tackle like 1519 W 79th Avenue, probably managed by Stephens Properties. Understanding the constructing kind supplies 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 properties to multi-unit house 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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Industrial
Industrial buildings home companies, encompassing workplace areas, retail shops, and eating places. If 1519 W 79th Avenue is a industrial property, understanding the precise kind, comparable 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 Avenue 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 completely different features, typically incorporating residential, industrial, and even industrial areas inside a single construction. If 1519 W 79th Avenue represents a mixed-use growth, understanding the proportions and configurations of various makes use of turns into vital. This classification provides complexity to zoning laws and property administration but additionally affords 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 growth. This info, 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 kind and its particular traits.
4. Zoning Rules
Zoning laws play a vital function in figuring out permitted land makes use of and constructing actions at any given tackle. For a property comparable to 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 kinds 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 not 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 particular property like 1519 W 79th Avenue entails a number of sensible concerns. Compliance with zoning laws is necessary for any growth or renovation challenge. 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 chance for establishing multi-family housing. Conversely, a property positioned inside a traditionally preserved district could face limitations on exterior modifications. Zoning laws additionally affect property worth; properties in commercially zoned areas typically command increased costs than these in residentially zoned areas. Information of zoning laws supplies useful insights for property homeowners, builders, and traders.
In abstract, zoning laws exert a major affect on property use and growth. 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 growth or funding. Due diligence in researching and deciphering native zoning ordinances is crucial for profitable property administration and growth. Ignoring zoning laws can result in authorized challenges, fines, and challenge delays.
5. Market Valuation
Market valuation performs a vital function 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 Avenue, market valuation supplies a vital 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 value within the present market.
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Comparative Market Evaluation (CMA)
CMA entails evaluating the topic property (1519 W 79th Avenue) to comparable lately offered properties in the identical neighborhood. This evaluation considers components like property dimension, age, situation, options, and site to determine an inexpensive market worth vary. A well-conducted CMA supplies a sensible 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, unbiased evaluation of market worth. Appraisers make the most of established methodologies, contemplating varied components 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 Method
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 Avenue is a rental property managed by Stephens Properties, this strategy supplies a useful perspective on its monetary efficiency and potential return on funding.
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Value Method
The associated 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 information is proscribed. Whereas much less frequent for residential properties, the fee strategy will be useful in assessing the substitute 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 supplies a sensible 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 situation. Analyzing neighborhood context requires contemplating each tangible and intangible parts.
Proximity to facilities, comparable to parks, faculties, buying facilities, and eating places, straight impacts high quality of life and property values. Entry to high quality training influences household choices relating to residential decisions. The presence of well-maintained parks and leisure amenities 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 worth in comparison with comparable properties in areas with much less fascinating faculties. Equally, proximity to a well-liked buying district may enhance foot visitors and potential income for industrial properties. Conversely, a location tormented by excessive crime charges or lack of important facilities might negatively affect property values and desirability.
Past facilities, intangible components additionally contribute to neighborhood context. Neighborhood demographics, together with age, revenue ranges, and cultural range, form the neighborhood’s character. Prevailing architectural kinds and the general aesthetic attraction of the neighborhood contribute to its desirability. Social dynamics, together with group involvement and neighborhood occasions, foster a way of belonging. These intangible components typically 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 group and energetic social scene may entice residents searching for a close-knit surroundings. Conversely, a neighborhood characterised by excessive turnover charges and restricted group engagement could 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 Avenue, a complete evaluation of the encompassing neighborhood supplies essential insights into its strengths and weaknesses. This evaluation informs funding choices, property administration methods, and growth planning. A radical understanding of neighborhood context supplies a basis for making knowledgeable choices and maximizing property worth.
Ceaselessly Requested Questions
This part addresses frequent inquiries relating to the property probably managed by Stephens Properties, positioned at 1519 W 79th Avenue. Clear and concise solutions intention to offer a complete understanding of key facets associated to this property.
Query 1: What kind of property is positioned at 1519 W 79th Avenue?
The precise 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, industrial, 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 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 supplies particular info relating to the zoning classification for 1519 W 79th Avenue. Understanding zoning laws is essential for compliance and future growth planning.
Query 5: What’s the neighborhood surrounding 1519 W 79th Avenue like?
Researching native demographics, facilities, faculty districts, and crime charges supplies insights into the neighborhood context. On-line assets, group profiles, and native actual property brokers can provide useful 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 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 relating to the property’s historical past, options, and present standing. Thorough analysis is really helpful earlier than making any choices associated to the property.
Understanding the important thing facets outlined above is crucial for anybody within the property at 1519 W 79th Avenue. Additional investigation and due diligence are really helpful 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 Avenue
Cautious consideration of key components 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 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 traits. Understanding the neighborhood context supplies useful 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 traits, together with comparable gross sales information, rental charges, and emptiness charges. Correct market evaluation informs pricing methods and funding choices. Consulting native actual property consultants supplies useful 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: Evaluate Administration Practices: If a property administration firm like Stephens Properties is concerned, analysis their repute, administration fashion, 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 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 facets, together with property location, possession particulars, constructing kind, zoning laws, market valuation, and neighborhood context, supplies a basis for knowledgeable decision-making. Thorough due diligence, together with researching public data, consulting native consultants, and analyzing market traits, 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 allows stakeholders to navigate complexities, mitigate dangers, and capitalize on alternatives inside the dynamic actual property panorama. Finally, knowledgeable decision-making, pushed by thorough analysis and strategic planning, is paramount for attaining success in property-related endeavors.
