Entity Owned Property summary
This exceptional investment opportunity presents a fully occupied, multi-tenant industrial property located at 1344 College Ave, Elmira, NY 14901. The property consists of two buildings totaling 16,990 square feet on a 1.25-acre lot, zoned General Commercial. The property features three leased units, including 9,250 square feet of warehouse/distribution space with two loading docks and 20-foot ceilings, and 7,740 square feet of retail/flex space with prominent College Avenue (NY Route 14)… frontage. The property boasts 100% occupancy with a strong NOI of $67,000, resulting in a 9.12% cap rate. The asking price is $735,000, or $245,000 per unit. Leases are modified gross with rent bumps included. The property includes a neighboring single-family rental and an additional lot, offering potential for future expansion. Conveniently located on a primary north-south corridor between Elmira and Horseheads, with easy access to Clemens Center Parkway and Interstate 86. The buildings are fully sprinklered and feature a pylon sign and ample parking. The owner maintains flood insurance. Note that the provided tax data reflects the combined parcels (APN: 79.18-3-5, 7, 8). A signed confidentiality agreement and review of financials are required before showings.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 16,834 SF
- Lot area
- 0.73 ac
- Year built
- 1967
- Stories
- 1
- APN
- 070400 79.18-3-5
- Zoning
- BE
- Assessed value · 2023
- $247,000
- Auto Repair, Garage
- Medical Building
- Retail Stores
- Warehouse, Storage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district is intended to create, preserve and enhance business areas devoted to general commercial services and wholesaling activities. Such areas would include a variety of commercial enterprises which are essential…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Alternative use
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