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Financial
Distress signals
Property profile

1140 State Rte 222 Cortland, NY 13045

OFF-MARKET
Other investment properties
Property ID
US63-1160919
1,344 SF 0.5 ac lot Built 1950
Last sale Aug 2026 · $120,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 1140 State Route 222 is a commercial building configured for vehicle-related services, featuring two service bays with overhead doors. The interior layout includes a customer waiting room, an office, and two bathrooms, and the building has previously been used for auto repair. Exterior features include a large parking lot and a fenced area suitable for outdoor storage or controlled access. The building is located on a corner along a high-traffic road and is adjacent to a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$109k
Assessed land$50k
Assessed improvement$59k
Effective rate2.25%

Value estimate

· Oct 2026
$270k
$243k – $297k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$63/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$47 – $82
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionCORTLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency13.5
HVAC Service11.0
Parking Facility10.1

Location

1140 State Rte 222 Cortland, NY 13045-1834
County assessor Recorded deeds · 2 transfers 3 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

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
123 Main, Cortland, NY 13045-1225 $120,000 Dec 2025 1,006 SF
85 Homer, Cortland, NY 13045-2021 $90,000 Nov 2024 2,088 SF
15 Church, Cortland, NY 13045-2709 $185,000 Sep 2024 2,212 SF
189 Homer, Cortland, NY 13045-1045 $93,000 Jul 2024 1,560 SF
108 Homer, Cortland, NY 13045-2049 $125,000 Feb 2024 2,115 SF
117 Groton, Cortland, NY 13045-1907 $250,000 Jul 2023 2,400 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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