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    Property profile & analytics

    12243 Rte 16 Chaffee, NY 14030

    • Investment properties
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-1596720
    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 12243 Rte 16

    Lot size
    0.17 lot acres
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    048489 4.044-1-16
    APU
    484894044116

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chaffee
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.479
    Latitude
    42.531
    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
    $3,900
    $21,700
    $25,600
    -
    $35,455
    $197,272
    $232,727

    Comparable in this City

    • Value Estimation by Request
      1,656 SF

      12870 Schutt Rd

      STORE/OFFICE (MIXED USE) • 1,656 SF
      12870 Schutt Rd, Chaffee, NY 14030
      View Details
    • Value Estimation
      $625,000
      13,292 SF

      12399 Olean Rd

      STORE/OFFICE (MIXED USE) • 13,292 SF
      12399 Olean Rd, Chaffee, NY 14030-9550
      View Details
    • Value Estimation
      $445,000
      6,040 SF

      12500 Olean Rd

      STORE/OFFICE (MIXED USE) • 6,040 SF
      12500 Olean Rd, Chaffee, NY 14030
      View Details
    • Value Estimation by Request
      1,008 SF

      11940 Olean Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,008 SF
      11940 Olean Rd, Chaffee, NY 14030-9770
      View Details
    • Value Estimation
      $205,000
      5,904 SF

      11410 Olean Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 5,904 SF
      11410 Olean Rd, Chaffee, NY 14030-9785
      View Details
    • Value Estimation by Request
      0.38 Acres

      12239 Rte 16

      OFFICE/RESIDENTIAL (MIXED USE) • 0.38 Acres
      12239 Rte 16, Chaffee, NY 14030
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,250 SF

      Yorkshire Plaza Retail Space

      High-traffic, vacant restaurant space.
      12189 Ny-16, Chaffee, NY 14030
      View Details
    • $110,000

      Water Works Business Opportunity

      Water works business serving approximately 110 customers for sale.
      13449 Grove St, Chaffee, NY 14030
      View Details
    • $35,900
      6.30 Acres

      Chaffee, NY Fishing Stream Access

      6+ acre parcel with 1200 feet of stream access.
      10568 Rt-16, Chaffee, NY 14030
      View Details
    • $58,000

      Vacant Land with Garages

      Vacant land featuring a new five-car garage.
      13469 Lake St, Chaffee, NY 14030
      View Details
    • $35,900

      Yorkshire Land with Stream Access

      6+ acre parcel with 1200 feet of stream access.
      10568 Rt-16, Yorkshire, NY 14030
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,250 SF

      Chaffee Retail Space - 2250 SF

      Prime Restaurant Location, High Traffic Area
      12189 Ny-16, Chaffee, NY 14030
      View Details
    • Contact for pricing
      13,600 SF

      Spacious Warehouse with Open Shed

      13,600 SF warehouse with 3,500 SF open shed.
      13929 E Schutt Rd, Chaffee, NY 14030
      View Details
    • $4 SF/Yr
      6,080 SF

      Retail and Storage Opportunity

      Retail and storage building for rent on 3.3 acres.
      12520 Olean Rd, Chaffee, NY 14030
      View Details
    Request Owner's contact information
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    12243 Rte 16
    Chaffee, NY 14030
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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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