Financial
Distress signals
Property profile

280 E Fairmount Ave Lakewood, NY 14750

FOR LEASE
Community centers
Property ID
US63-0189259
51,000 SF 12.28 ac lot Built 1991
Last sale Dec 2022 · $2,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property consists of lease space within the former Valu Home Center Plaza. The site is positioned to provide visibility to passing traffic and is described as having high traffic counts. The property includes a large amount of on-site parking to support visitors and customers.

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

What does the county charge?
Assessed value · 2023$1.45M
Assessed land$407k
Assessed improvement$1.04M

Value estimate

· Sep 2026
$2.81M
$2.53M – $3.09M
AI approach$2.76M
NOI build-up
Gross scheduled income$252k
Vacancy & credit loss−$7k
Operating expenses−$74k
NOI · 1,431,783.33% cap applied$172k

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?
1,431,783.33%
$172k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionCHAUTAUQUA

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand index
Spa & Massage11.1
Electrical Service10.7
Kitchen & Bath10.5

Location

280 E Fairmount Ave Lakewood, NY 14750
County assessor Recorded deeds · 1 transfer 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.

Comparables

7 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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