24 MainHomer, NY 13077

  • Retail properties
  • 5,480 SF
Off market
$165,600 Estimated

Property Details for 24 Main

Year built
1968
Lot size
0.12 AC
Property size (Sq ft)
5,480 SF
Zone code
05 - COMMERCIAL
Property type
Retail properties
Property subtype
Bars
APN
113001 66.74-02-18.000
APU
11300166740218000

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,300,844
    6.5%
    $1,200,780
    7%
    $1,115,010
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,261,620
    Geo Method
    $1,804,362
  • Alternative Use

    Use
    Valuation
    Residential
    $1,012,902
    Hospitality
    $927,813
    Educational
    $771,930
    Medical
    $798,478
    Retail
    $1,200,780
24 Main, Homer, New York
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Location Insight

City
Homer
County
Cortland
State
New York
Latitude
42.6371
Longitude
-76.1788
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
$2,876
$36,000
$129,600
$165,600
-
$52,174
$187,826
$240,000

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