3731 LukerCortland, NY 13045

  • Mixed-use properties
  • 9,240 SF
Off market
$16,430,740 Estimated

Property Details for 3731 Luker

Year built
1994
Lot size
1.64 AC
Property size (Sq ft)
9,240 SF
Zone code
05 - COMMERCIAL
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
112289 95.08-01-13.000
APU
11228995080113000

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,850,210
    6.5%
    $1,707,887
    7%
    $1,585,895
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,308,432
    Geo Method
    $1,871,312
  • Alternative Use

    Use
    Valuation
    Residential
    $1,707,887
    Hospitality
    $1,564,415
    Educational
    $1,301,575
    Medical
    $1,346,338
    Retail
    $2,024,672
3731 Luker, Cortland, New York
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Location Insight

City
Cortland
County
Cortland
State
New York
Latitude
42.5887
Longitude
-76.217
CBSA code
18660
CBSA name
CORTLAND, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,225
$49,200
$280,800
$330,000
-
$70,286
$401,143
$471,429

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