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Property profile & analytics
OFF-MARKET
Commercial land
105 3rd St Elmira, NY 14901-2107
Entity Owned
6-yr Hold
Free & Clear
Property ID
US63-3032506
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1950
Total area
5,624 SF
Lot
0.72 ac (31,376 SF)
Zoning code
BD
APN
070400 89.15-3-45
UPID
US63-3032506
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Total Transporation Of Elmira Freight Service Logistics Company
-
Totem Taxi Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hilliard Real Properties · 6 yrs held
Hilliard Real Properties
since 2020
Last sale
$400,000
2 recorded transactions
Zoning & alternative use
BD · Elmira, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
buts a residential property, then screening and buffering requirements apply. (See Sec. 411.1 and 411.2) B-A Neighborhood Commercial B-A-I Neighborhood Commercial B-B Central Business District B-C Specialized Commercial B-D Historic Commercial B-E General Commercial (See Additional Requirements at Sec. 340) B-G Gateway Commercial Minimum Lot Area Ten Thousan…
Zone name
Historic Commercial
General category
MIXED_USE
Zone area
8.64 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Elmira submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elmira submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$45,000
Assessed 2023
Previous assessed
$45,000
+0.0% YoY
Assessed land
$45,000
Land market value
$68,200
Total market value
$68,200
Applied tax rate
70,400.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1950
Heating
NONE
Stories
1
Total area
5,624 SF
Lot
0.72 ac (31,376 SF)
Zoning code
BD
APN
070400 89.15-3-45
UPID
US63-3032506
Jurisdiction
CHEMUNG
Zoning & alternative use
BD · Elmira, NYZoning BD · permitted uses
BD · Elmira, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
buts a residential property, then screening and buffering requirements apply. (See Sec. 411.1 and 411.2) B-A Neighborhood Commercial B-A-I Neighborhood Commercial B-B Central Business District B-C Specialized Commercial B-D Historic Commercial B-E General Commercial (See Additional Requirements at Sec. 340) B-G Gateway Commercial Minimum Lot Area Ten Thousand (10,000) SF Ten Thousand (10,000) SF N/A Ten Thousand (10,000) SF Ten Thousand (1
Zone name
Historic Commercial
General category
MIXED_USE
Zone area
8.64 ac
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Hilliard Real Properties
Entity
Free & Clear · 6 yrs held
Mailing address
100 W 4TH ST, ELMIRA, NY 14901-2148
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2020
$400,000
Hilliard Real Properties
Ithaca Dispatch INC
Warranty Deed
—
Dec 18, 2014
$175,000
Ithaca Dispatch, INC.
Totem Taxi, INC.
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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