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    105 Independence Dr Olean, NY 14760

    For Sale
    $250,000

    COMMERCIAL - Olean, NY

    Lot size:
    1.12 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 105 Independence Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    042089-094-062-0001-005-001-0000
    Exterior features
    GravelDriveway
    Lot size
    1.12 Acres

    Utilities

    Water source
    Public

    Century 21 Turner Brokers (716) 763-7506 [email protected]

    Listing agent Thomas Turner (716) 763-7506 License #10311200036

    Listing date Sep 9, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Olean, NY Development Opportunity

    This 1.12-acre lot in Olean, NY, presents a development or investment opportunity. The level lot features a gravel surface suitable for various uses. The property benefits from road frontage, offering visibility and accessibility. It is positioned as an ideal location for commercial, industrial, or other projects, with potential for business ventures. This lot may suit those looking to capitalize on Olean's community growth, start a business, establish a commercial project, or hold for future development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.463561
    Latitude
    42.078164

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    FAQs

    What type of property is this?
    Commercial land - Open, level 1.12-acre lot ideal for development or investment.
    Where is this commercial land located?
    The property is located at 105 Independence Dr Olean, NY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - 1.12 acre level lot ideal for development or investment.; - Prime location in Olean, NY with high potential.; - Spacious gravel surface ready for immediate use.
    (716) 763-7506
    Request Owner's contact information
    105 Independence Dr Olean, NY 14760
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    Olean, NY 14760
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Independence Dr Olean, NY 14760
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