Financial
Distress signals
Property profile

114 E Main St Sherman, NY 14781

FOR SALE
Other investment properties
Property ID
US63-1770944
1,480 SF 0.11 ac lot Built 1970
Last sale Apr 2021 · $30,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A historical mill property located in the village of Sherman, offering 9,756 square feet of interior space across three levels. The west exterior entrance opens into an office area that includes two bathrooms and a kitchen area. A shop area with high ceilings includes a previously gutted ceiling space serviced by a blower system and a three-bay loading area; the rear storage room on this level is sleeved for various wood pieces and extends the full building length. The second floor contains an

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$36k
Assessed land$10k
Assessed improvement$26k

Value estimate

· Sep 2026
$120k
$108k – $132k
NOI build-up
Gross scheduled income$92k
Vacancy & credit loss−$6k
Operating expenses−$26k
NOI · 32.62% cap applied$60k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$49/SF
County average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$28 – $74

Cap rate analysis

How does the asset earn?
32.62%
$60k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCHAUTAUQUA

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand index
Electrical Service8.7
Building Supply8.6
Tailor Shop8.6

Location

114 E Main St Sherman, NY 14781
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
121 Main, Sherman, NY 14781-9701 $35,000 Oct 2023 2,772 SF
129 Main, Sherman, NY 14781 $25,000 Jun 2023 3,325 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 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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