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    Property profile & analytics

    11851 Rte 16 Delevan, NY 14042-9782

    • Turn key restaurants
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3454795
    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

    • Turn key restaurants

    Property Details for 11851 Rte 16

    Lot size
    1.04 lot acres
    Property type
    Turn key restaurants
    APN
    048489 4.004-4-12
    APU
    484894004412

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Delevan
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4789
    Latitude
    42.5123
    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
    $5,000
    $34,840
    $39,840
    -
    $45,455
    $316,727
    $362,182

    Comparable in this City

    • Value Estimation by Request
      222 SF

      10924 Rte 16

      RESTAURANT • 222 SF
      10924 Rte 16, Delevan, NY 14042-9413
      View Details
    • Value Estimation by Request
      4,440 SF

      1005 Main St

      RESTAURANT • 4,440 SF
      1005 Main St, Delevan, NY 14042-9504
      View Details
    • Value Estimation by Request
      1,288 SF

      9955 Rte 16

      RESTAURANT • 1,288 SF
      9955 Rte 16, Delevan, NY 14042-9426
      View Details
    • Value Estimation by Request
      0.21 Acres

      63 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.21 Acres
      63 Main St, Delevan, NY 14042-9502
      View Details
    • Value Estimation by Request
      2,250 SF

      3198 Elton Rd

      BAR, TAVERN • 2,250 SF
      3198 Elton Rd, Delevan, NY 14042
      View Details
    • Value Estimation by Request
      1,280 SF

      9971 Ny-16

      Individual retail properties • 1,280 SF
      9971 Ny-16, Delevan, NY 14042
      View Details

    Similar Nearby for Sale

    • $135,000
      1,280 SF

      Route 16 Retail Building For Sale

      Prime location, vacant storefront, high traffic.
      9971 Ny-16, Delevan, NY 14042
      View Details
    • $135,000

      Former Convenience Store on Route 16

      1,280 sq ft building on 2.02 acres in Lime Lake.
      9971 Route 16, Machias, NY 14042
      View Details
    • $109,900

      Fully Rented Four-Unit Building

      Four-unit apartment building, fully rented, ideal for investors.
      14 Palmer Ave, Delevan, NY 14042
      View Details
    • $135,000
      1,280 SF

      Route 16 Delevan Commercial Property

      Prime 2-acre commercial lot, former convenience store.
      9971 Route 16, Delevan, NY 14042
      View Details
    • $49,000

      1.32 Acres Vacant Land Opportunity

      Vacant land with potential for various uses in Yorkshire, NY.
      10628 Route 16, Delevan, NY 14042
      View Details
    • $510,000

      Income Property on Route 16

      Turnkey ice cream parlor and residential units on 3 acres.
      11634 Route 16, Delevan, NY 14042
      View Details
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    11851 Rte 16
    Delevan, NY 14042-9782
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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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