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    Property profile & analytics

    1191 State Route 248 Rexville, NY 14877

    • Commercial real estate
    • 26.20 lot acres
    For Sale
    View listing
    $174,900
    Value Estimation
    Location Intelligence
    Property ID
    US63-2941130
    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

    • Commercial real estate

    Property Details for 1191 State Route 248

    Lot size
    26.20 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 26.2-acre property in Rexville, New York, presents a unique investment opportunity. Located on State Route 248, just outside Whitesville, in Steuben County, the property boasts a substantial 34 x 300 foot barn, built in 1970 and previously used for chicken farming and commercial storage. The barn features existing electricity, a drilled well, and high-speed internet access. The acreage includes approximately 5 acres of tillable farmland and a year-round stream, with the remaining land comprised of brush surrounding the stream. The property offers over 3,000 feet of frontage along State Route 248, providing multiple access points and significant potential for expansion. An existing survey will be provided, and all seller's rights will transfer to the buyer. This versatile property is ideal for a variety of uses, from establishing a farm or business to utilizing the ample storage space within the large barn. The asking price is $175,000. The property's zip code is 14877.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rexville
    County
    Steuben
    State
    New York
    Longitude
    -77.73489
    Latitude
    42.06192

    Comparable in this City

    • $187,000

      62.14 Acres Near West Union

      Versatile property with wooded acreage and maintained agricultural ground.
      Downey Rd, Rexville, NY 14877
      View Details
    • $174,900
      24.28 Acres

      Large Barn on 24 Acres

      24.28 acres with barn, stream, and highway frontage.
      1191 State Route 248, Rexville, NY 14877
      View Details

    Similar Nearby for Sale

    • $187,000

      62.14 Acres Near West Union

      Versatile property with wooded acreage and maintained agricultural ground.
      Downey Rd, Rexville, NY 14877
      View Details
    • $174,900
      24.28 Acres

      Large Barn on 24 Acres

      24.28 acres with barn, stream, and highway frontage.
      1191 State Route 248, Rexville, NY 14877
      View Details
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    1191 State Route 248
    Rexville, NY 14877
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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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