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Financial
Distress signals
Property profile

500 Walnut St Elmira, NY 14901

OFF-MARKET
Office buildings
Property ID
US63-1739092
14,249 SF 0.62 ac lot Built 1962
Last sale May 2024 · $44,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

500 Walnut is a mixed-use building previously configured for office and retail use, with a total floor area of over 14,000 square feet. The property includes 44 total lined, surface-level parking spaces and a marked main entrance approached by a cement walkway. It is located at a corner site along a north/south corridor and is within walking distance of LECOM Medical School, Elmira College, and Arnot Hospital. The building is described as suitable for possible subdivision to support multiple businesses operating on-site.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$72k
Assessed land$35k
Assessed improvement$37k

Value estimate

· Oct 2026
$360k
$324k – $396k
AI approach$355k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$67/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$29 – $103

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?
BA
This district is intended to create, preserve and enhance business areas of the City that will serve residential neighborhoods. This is i...
General categoryCOMMERCIAL
JurisdictionCHEMUNG

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency10.5
HVAC Service10.2
Storage Facility8.9

Location

500 Walnut St Elmira, NY 14901-2437
County assessor Recorded deeds · 6 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.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
243 Lk, Elmira, NY 14901-3118 $75,000 Jun 2024 8,212 SF
232 Water, Elmira, NY 14901-2913 $200,000 Jun 2024 23,588 SF
416 Church, Elmira, NY 14901-2803 $140,000 Dec 2022 12,720 SF
303 William, Elmira, NY 14901-2829 $250,000 Jan 2022 4,016 SF
449 Water, Elmira, NY 14901-3410 $350,000 May 2021 3,660 SF
911 Stowell, Elmira, NY 14901-1428 $195,000 Jan 2021 12,394 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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