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    Property profile & analytics

    1127 State St Olean, NY 14760-2133

    • Investment properties
    • 3,430 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 20, 2023
    $35,000
    Location Intelligence
    Property ID
    US63-3451470
    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 1127 State St

    Year built
    1900
    Lot size
    0.12 lot acres
    Property size
    3,430 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    041200 94.064-11-1
    APU
    4120094064111

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4438
    Latitude
    42.0772
    CBSA code
    36460
    CBSA name
    OLEAN, NY MICROPOLITAN 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
    0
    $0.00
    $8,900
    $32,400
    $41,300
    -
    $11,410
    $41,539
    $52,949

    Comparable in this City

    • Value Estimation by Request
      4,332 SF

      614 State St, Unit 16

      OFFICE/RESIDENTIAL (MIXED USE) • 4,332 SF
      614 State St, Olean, NY 14760-2337
      View Details
    • Value Estimation by Request
      2,880 SF

      1306 Un St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,880 SF
      1306 Un St, Olean, NY 14760-1300
      View Details
    • Value Estimation by Request
      2,984 SF

      404 Wayne St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,984 SF
      404 Wayne St, Olean, NY 14760-2462
      View Details
    • Value Estimation by Request
      1,468 SF

      114 13th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,468 SF
      114 13th St, Olean, NY 14760-2011
      View Details
    • Value Estimation by Request
      3,200 SF

      112 Pne St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,200 SF
      112 Pne St, Olean, NY 14760-1331
      View Details
    • Value Estimation by Request
      3,372 SF

      3051 Rte 16th N

      OFFICE/RESIDENTIAL (MIXED USE) • 3,372 SF
      3051 Rte 16th N, Olean, NY 14760-9769
      View Details

    Similar Nearby for Sale

    • $169,900

      Mixed-Use Building with Rental Income

      Six-unit commercial/residential building with high visibility and rental income.
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    • $79,900
      Pending

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      Three-unit property in desirable North Olean location with income potential.
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    • $225,000
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      Mixed-Use Property: Live/Work Potential

      Mixed-use property with residential and commercial space on one parcel.
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    • $144,900
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      Seven-Unit Multifamily Investment Opportunity

      Seven-unit apartment building with strong rental income potential and ample parking.
      635 S Union St, Olean, NY 14760
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    • $150,000
      43.35 Acres

      Land with Horse Barn, Olean

      43.35 acres with horse barn near Olean, NY.
      East River Rd, Olean, NY 14760
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    • $299,999
      2,500 SF

      Olean Industrial Warehouse - $299,999

      Spacious industrial warehouse, ideal location.
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    Similar Nearby for Lease

    • $5 SF/Yr
      37,360 SF

      Olean Warehouse & Office Space

      37,360 SF Industrial Space, Prime Location
      317 Wayne St, Olean, NY 14760
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    • $14,000 /Mo
      5,000 SF

      Turnkey Restaurant & Event Space

      Ready-to-go restaurant and entertainment venue with wow factor.
      800 E State Bar/Restaraunt St, Olean, NY 14760
      View Details
    • $8,000 /Mo
      8,232 SF

      Event-Ready Commercial Space in Olean

      8,234 sq ft commercial space ideal for events and fitness.
      800 E State Events St, Olean, NY 14760
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    • $325,000
      5,796 SF

      Versatile Commercial Property, Olean, NY

      High-visibility commercial property with garage, loading dock, and ample parking.
      431 S Union St, Olean, NY 14760
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    • Contact for pricing

      Regional Mall Retail Space Available

      Retail spaces available in regional mall with high traffic.
      400 North Union Street Ext, Olean, NY 14760
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    • $16 SF/Yr

      Retail Space in Walmart Plaza

      Retail space available within a high-traffic shopping center.
      3142 West State St, Olean, NY 14760
      View Details
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    1127 State St
    Olean, NY 14760-2133
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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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