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Property profile & analytics

1011 College Ave Elmira, NY 14901

  • Investment properties
  • 5,961 SF
  • 0.79 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-0126155
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Investment properties

Property Details for 1011 College Ave

Year built
2007
Lot size
0.79 lot acres
Property size
5,961 SF
Zone code
BA1
Property type
Investment properties
Property subtype
Retail residential properties
APN
070400 89.10-2-24
APU
704008910224

Description

This exceptional retail opportunity is located at 1011 College Ave in Elmira, NY. The property is a 6,151 square foot strip center situated on a 0.8-acre lot, offering a prime location within a thriving community. Currently, 4,686 square feet of space is available for lease, divisible into units as small as 1,465 square feet, with a maximum contiguous space of 4,686 square feet. The property boasts 39 parking spaces, ensuring ample convenience for customers and employees. Its modern design and high visibility make it an ideal location for a variety of retail or service-based tenants. The property benefits from excellent signage and branding potential, allowing businesses to create a strong visual presence. Its convenient access to major roadways ensures easy accessibility for customers and employees alike. This is a rare opportunity to establish a business in a highly desirable location with strong community presence and significant foot traffic potential. The customizable floor plans offer flexibility to suit a range of business needs. Don't miss this chance to capitalize on this prominent location and become part of a bustling commercial community in the heart of Elmira.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $815,000
    6.5%
    $750,000
    7%
    $695,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $424,000
    Market price range: $141k - $425k
    AI Estimate
    $725,000
    Market price range: $191k - $726k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $400,000
    RESTAURANT
    $385,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Elmira
County
Chemung
State
New York
Longitude
-76.8172
Latitude
42.1014
CBSA code
21300
CBSA name
ELMIRA, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$0.00
$49,500
$242,500
$292,000
-
$74,996
$367,404
$442,400
More about this property
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