Property profile & analytics
170 Port Watson St Cortland, NY 13045
- Investment properties
- 14,926 SF
- 1.50 lot acres
For Sale
View listing
$4,700,000
Value Estimation
Location Intelligence
Property ID
US63-3846602
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Walgreens Photo / Passport Photo Processor / Photo Lab
- FedEx OnSite / Mailing Service
- Rite Aid / Drug Store / Beauty Supply Store
- Walgreens Pharmacy / Pharmacy
- Cardtronics ATM / Atm
Property Details for 170 Port Watson St
- Year built
- 2004
- Lot size
- 1.50 lot acres
- Property size
- 14,926 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 110200 87.53-01-14.200
- APU
- 11020087530114200
Description
This exceptional investment opportunity presents a single-tenant, free-standing industrial building located at 170 Port Watson St, Cortland, NY. The property encompasses 13,813 square feet and is situated on a 0-acre lot. The building is currently leased to Walgreens under a new eight-year lease agreement commencing April 1, 2022. This lease includes three five-year renewal options, each with a 7% rent increase. The current annual rental income is $200,000, making this an attractive, stable investment. The sale includes the building itself
Value Estimation
Powered by Realmo proprietary methodology
Last update: July 3, 2025
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cortland
- County
- Cortland
- State
- New York
- Longitude
- -76.1661
- Latitude
- 42.5987
- 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
$66,889
$300,000
$1,669,000
$1,969,000
-
$410,959
$2,286,301
$2,697,260
