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Financial
Distress signals
Property profile

111 N Main St Manheim, NY 13329

FOR SALE
Investment properties
Property ID
US63-1616781
4,104 SF 0.08 ac lot Built 1930
Last sale May 2003 · $95,000
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 111 N Main St in the vibrant town of Dolgeville, New York, presents a unique investment opportunity. Boasting a generous 4,104 square feet of space, this general commercial building sits on a conveniently sized 0.08-acre lot, offering ample room for various business ventures. The property's prime location on Main Street ensures high visibility and accessibility, making it an ideal spot for a wide range of commercial uses. The building's…

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 · 2020

What does the county charge?
$3k
Tax billed · 2020
Assessed value · 2023$48k
Assessed land$800
Assessed improvement$47k
Effective rate5.68%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$39k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 14.94% cap applied$25k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$81/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$24 – $145
Qualifying comparables12

Cap rate analysis

How does the asset earn?
14.94%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R10
JurisdictionHERKIMER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm11.5
Realty agency10.6
Hair Salon9.7

Location

111 N Main St Manheim, NY 13329
County assessor Recorded deeds · not on file 12 qualifying comp sales 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
123 Marsh, Dolgeville, NY 13329-3001 $360,000 Oct 2024 2,496 SF
6 Main, Dolgeville, NY 13329-1318 $160,000 May 2024 6,876 SF
66 Main, Dolgeville, NY 13329-1361 $67,500 Mar 2024 1,848 SF
11-13 Elm, Dolgeville, NY 13329 $103,000 Aug 2022 2,898 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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