Financial
Distress signals
Property profile

345 Main St Ilion, NY 13357

OFF-MARKET
Motels
Property ID
US63-0106996
9,478 SF 2.3 ac lot Built 1960
Last sale May 2025 · $1,025,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This fully renovated 31-key Motel 6 in Ilion, NY, presents a lucrative investment opportunity. Boasting 9,000 square feet across two buildings on a 3.5-acre lot, this property underwent a complete renovation in 2021. Conveniently located off I-90 near Utica, it benefits from high traffic volume and proximity to commercial areas, restaurants, and shops. The motel features a variety of room configurations, catering to both business and leisure travelers. A spacious three-bedroom owner's

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$16k
Tax billed · 2020
Assessed value · 2023$260k
Assessed land$72k
Assessed improvement$188k
Effective rate6.19%

Value estimate

· Sep 2026
$1.05M
$945k – $1.16M
AI approach$1.02M
CAP approach$885k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1
JurisdictionHERKIMER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency19.9
Building Supply14.0
Wholesale Shop13.3

Location

345 Main St Ilion, NY 13357-1313
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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