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Property profile & analytics
FOR SALE
Investment properties
1259 N Main St Jamestown, NY 14701
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-2810412
For Sale
1 / 27
$325,000
1259 N Main St, Jamestown, NY 14701
View Listing →
Property summary
AI-generated overview
This exceptional commercial property at 1259 N Main St, Jamestown, NY 14701 presents a rare investment opportunity. The 4,484 square foot building, constructed in 2008, sits on a 1.1-acre lot and boasts versatile space ideal for various businesses. Currently operating as a flower shop, the property features attractive interior elements including cathedral ceilings, a walk-in cooler, extensive built-in oak cabinetry and countertops, and workspace islands. The main level also includes an attached garage. A full, walkout, heated basement with tall ceilings offers significant additional space. Exterior features include a second greenhouse and a lower-level garage with a 10-foot overhead door. The property includes 15 parking spaces and is zoned for commercial use. With its prime Main Street location near the expressway, ample space, and desirable features, this property offers significant potential for a variety of commercial ventures. The asking price is $439,000, with a net operating income (NOI) of $12,660, and a price per square foot of $110. The property's APN is 060800-370-014-0003-001-001.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2008
Total area
2,242 SF
Lot
0.4 ac (17,556 SF)
APN
060800 370.14-3-1.1
UPID
US63-2810412
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
SymLink IT Consulting Firm (Bike/Boat/Book/etc) Store
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Willow Bay Computer Solutions Computer & Electronic Repair
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Spain Enterprises Business Service Center
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Lakeview Gardens Floral & Retail Boutique (Bike/Boat/Book/etc) Store Florist
-
Premier Asphalt Finishing (Compass Sealcoating) General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lakeview Gardens LLC · 7 yrs held
Lakeview Gardens LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jamestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jamestown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$7,681
Tax year 2020
Assessed value
$240,000
Assessed 2023
Previous assessed
$240,000
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$29,000
Assessed improvement
$211,000
Land market value
$39,726
Improvement market value
$289,041
Total market value
$328,767
Applied tax rate
60,800.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
2008
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
2,242 SF
Lot
0.4 ac (17,556 SF)
APN
060800 370.14-3-1.1
UPID
US63-2810412
Jurisdiction
CHAUTAUQUA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Lakeview Gardens LLC
Entity
Mailing address
1259 N MAIN ST, JAMESTOWN, NY 14701-2158
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2019
—
Lakeview Gardens LLC
—
Deed
related
$360,000 · Cattaraugus County Bank
Oct 9, 2018
$332,000
Lakeview Gardens LLC
Theodore P Card
Warranty Deed
—
Oct 9, 2018
—
Lakeview Gardens LLC
—
Deed
related
$370,000 · Theodore P Card
Feb 25, 2011
—
Theodore Card
Patricia R Carr Rev Liv T
Intrafamily Transfer
related
—
Nov 16, 2010
—
Patricia R Carr Rev Liv T
Patricia Carr
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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