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    Property profile & analytics

    103 Caroline St Herkimer, NY 13350-1716

    • Drive through restaurants
    • 3,792 SF
    • 1.20 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US63-3133657
    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

    • SmartStyle Hair Salon / Hair Salon / Barber Shop
    • Da-Vi Nails / Nail Salon
    • Vanessa N. Myers, Pharm / Pharmacy
    • Labate Joseph J / Pharmacy
    • Coinstar / Money Transfer Service

    Property Details for 103 Caroline St

    Year built
    1999
    Lot size
    1.20 lot acres
    Property size
    3,792 SF
    Zone code
    C2
    Property type
    Drive through restaurants
    APN
    213001 120.32-3-5
    APU
    2130011203235

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $445,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $435,000
      Retail
      $550,000
      Mixed-Use
      $560,000
      Hospitality
      $520,000
      Educational
      $485,000
      Residential Income
      $600,000
      Energy
      $605,000
      Income-Based Land
      $540,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Herkimer
    County
    Herkimer
    State
    New York
    Longitude
    -74.9937
    Latitude
    43.0226
    CBSA code
    46540
    CBSA name
    UTICA-ROME, 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
    $36,810
    $25,600
    $579,400
    $605,000
    -
    $37,647
    $852,059
    $889,706

    Comparable in this City

    • Value Estimation
      $405,000
      5,886 SF

      701 Mohawk St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,886 SF
      701 Mohawk St, Herkimer, NY 13350-2205
      View Details
    • Value Estimation
      $3,450,000
      2,132 SF

      200 Caroline St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,132 SF
      200 Caroline St, Herkimer, NY 13350-2249
      View Details
    • Value Estimation
      $295,000
      2,415 SF

      306 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,415 SF
      306 State St, Herkimer, NY 13350-2026
      View Details
    • Value Estimation by Request
      3,364 SF

      115 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,364 SF
      115 State St, Herkimer, NY 13350-2336
      View Details
    • Value Estimation
      $340,000
      1,618 SF

      State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,618 SF
      State St, Herkimer, NY 13350
      View Details
    • Value Estimation
      $395,000
      1,440 SF

      295 State

      BAR, TAVERN • 1,440 SF
      295 State, Herkimer, NY 13350
      View Details

    Similar Nearby for Sale

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      Commercial area with structures for redevelopment, high traffic location.
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      Storefronts and apartments in downtown Herkimer revitalization zone.
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      Herkimer Retail Investment Opportunity

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    • $179,000
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    Similar Nearby for Lease

    • Contact for pricing
      3,173 SF

      Former Bank Building For Lease

      3,173 SF former bank building available for lease.
      324 Prospect St North, Herkimer, NY 13350
      View Details
    • $1,400,000
      7,800 SF

      Retail Space with High Visibility

      Retail space available for rent with high traffic location.
      100-548 W Albany St, Herkimer, NY 13350
      View Details
    • $12 SF/Yr
      3,150 SF

      Retail Space in Herkimer, NY

      Retail space available in high-traffic Herkimer neighborhood center.
      316-336 E State St, Herkimer, NY 13350
      View Details
    • Contact for pricing
      6,115 SF

      Herkimer Commercial Space - Prime Location

      Former bank, 6115 sq ft, drive-thru.
      324 Prospect St, Herkimer, NY 13350
      View Details
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    103 Caroline St
    Herkimer, NY 13350-1716
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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