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    Property profile & analytics

    120 Southwestern Dr Lakewood, NY 14750-2117

    • Office buildings
    • 2,944 SF
    • 1.90 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US63-0549193
    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

    • Dr. Todd Oral Surgery of Lakewood / Oral Surgeon / Oral And Maxillofacial Surgeon

    Property Details for 120 Southwestern Dr

    Year built
    2001
    Lot size
    1.90 lot acres
    Property size
    2,944 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Office buildings
    APN
    062201 386.09-1-28
    APU
    6220138609128

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $380,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $375,000
      Mixed-Use
      $370,000
      Hospitality
      $390,000
      Educational
      $420,000
      Residential Income
      $385,000
      Energy
      $310,000
      Income-Based Land
      $405,000
      Food Service
      $320,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Chautauqua
    State
    New York
    Longitude
    -79.2964
    Latitude
    42.0963
    CBSA code
    27460
    CBSA name
    JAMESTOWN-DUNKIRK-FREDONIA, 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
    2020
    $0.00
    $23,800
    $252,400
    $276,200
    -
    $35,519
    $376,681
    $412,200

    Comparable in this City

    • Value Estimation
      $355,000
      4,948 SF

      20 Fairmount Ave

      OFFICE BUILDING • 4,948 SF
      20 Fairmount Ave, Lakewood, NY 14750-1702
      View Details
    • Value Estimation
      $290,000
      2,376 SF

      130 Mall Blvd

      OFFICE BUILDING • 2,376 SF
      130 Mall Blvd, Lakewood, NY 14750-2014
      View Details
    • Value Estimation by Request
      1,856 SF

      4384 Fairmount Ave

      OFFICE BUILDING • 1,856 SF
      4384 Fairmount Ave, Lakewood, NY 14750-9702
      View Details
    • Value Estimation by Request
      2,400 SF

      2nd St

      OFFICE BUILDING • 2,400 SF
      2nd St, Lakewood, NY 14750
      View Details
    • Value Estimation
      $1,550,000
      5,905 SF

      2 Fairmount Ave

      OFFICE BUILDING • 5,905 SF
      2 Fairmount Ave, Lakewood, NY 14750-9998
      View Details
    • Value Estimation by Request
      5,922 SF

      343 Fairmount Ave

      PROFESSIONAL BUILDING • 5,922 SF
      343 Fairmount Ave, Lakewood, NY 14750-2135
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      0.13 Acres

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      92,373 SF

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    Similar Nearby for Lease

    • $12 SF/Yr
      28,000 SF

      Lakewood Retail Space For Lease

      Available retail space with high visibility and ample parking.
      280 E Fairmount Ave, Lakewood, NY 14750
      View Details
    • $12 SF/Yr
      4,800 SF

      Lakewood, NY Commercial Land

      Commercial land available for rent in Lakewood, New York.
      280 E Fairmount Ave, Lakewood, NY 14750
      View Details
    • $3,400 /Mo
      30,492 SF

      Chautauqua Lake View Commercial Lot

      Gravel lot with lake view, ideal for quick-service restaurant.
      4453 W Fairmount Ave, Lakewood, NY 14750
      View Details
    • Contact for pricing
      2,125 SF

      Lakewood Retail Space Available

      Retail space for rent in Lakewood, NY.
      279 E Fairmount Ave, Lakewood, NY 14750
      View Details
    • $6,320 /Mo

      Prime Retail Space in Lakewood, NY

      High-visibility retail spaces available in Lakewood's commercial corridor.
      165-169 E Fairmount Ave, Lakewood, NY 14750
      View Details
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    120 Southwestern Dr
    Lakewood, NY 14750-2117
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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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