181 12th MainCortland, NY 13045

  • Mixed-use properties
  • 4,000 SF
Off market
$2,254,000 Estimated

Property Details for 181 12th Main

Year built
1969
Lot size
0.22 AC
Property size (Sq ft)
4,000 SF
Zone code
05 - COMMERCIAL
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
110200 86.82-01-17.210
APU
11020086820117210

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $800,957
    6.5%
    $739,345
    7%
    $686,534
  • Comparable approach

    Method
    Valuation
    Relative Method
    $566,421
    Geo Method
    $810,092
  • Alternative Use

    Use
    Valuation
    Residential
    $739,345
    Hospitality
    $677,236
    Educational
    $563,452
    Medical
    $582,830
    Retail
    $876,481
181 12th Main, Cortland, New York
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Location Insight

City
Cortland
County
Cortland
State
New York
Latitude
42.593
Longitude
-76.1796
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
$3,730
$24,800
$75,200
$100,000
-
$33,973
$103,013
$136,986

FAQs

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