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    Property profile & analytics

    1225 State St Olean, NY 14760-2135

    • Office buildings
    • 10,400 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $650,000
    Last Sale
    Nov 01, 2023
    $645,000
    Location Intelligence
    Property ID
    US63-3459727
    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

    • Patricia Studd / Registered General Nurse
    • Cheryl Kriner / Registered General Nurse
    • Deborah Baney / Registered General Nurse
    • Diane Johnson / Registered General Nurse
    • Amy Snyder / Social Worker

    Property Details for 1225 State St

    Year built
    1980
    Lot size
    0.60 lot acres
    Property size
    10,400 SF
    Property type
    Office buildings
    APN
    041200 94.064-10-7
    APU
    4120094064107

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $650,000

    • CAP approach

      CAP return
      Estimation
      6%
      $655,000
      6.5%
      $755,000
      7%
      $765,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $615,000
      Geo Method
      $720,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $710,000
      Retail
      $735,000
      Mixed-Use
      $640,000
      Hospitality
      $625,000
      Educational
      $645,000
      Residential Income
      $630,000
      Energy
      $610,000
      Income-Based Land
      $660,000
      Food Service
      $675,000

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4446
    Latitude
    42.077
    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
    $60,000
    $564,000
    $624,000
    -
    $76,923
    $723,077
    $800,000

    Comparable in this City

    • Value Estimation by Request
      952 SF

      500 Wayne St

      OFFICE BUILDING • 952 SF
      500 Wayne St, Olean, NY 14760-2463
      View Details
    • Value Estimation by Request
      6,004 SF

      103 Barry St

      OFFICE BUILDING • 6,004 SF
      103 Barry St, Olean, NY 14760-3626
      View Details
    • Value Estimation by Request
      8,392 SF

      1439 Buffalo St

      OFFICE BUILDING • 8,392 SF
      1439 Buffalo St, Olean, NY 14760-1140
      View Details
    • Value Estimation
      $320,000
      5,600 SF

      2416 Constitution Ave

      PROFESSIONAL BUILDING • 5,600 SF
      2416 Constitution Ave, Olean, NY 14760-1840
      View Details
    • Value Estimation
      $320,000
      5,936 SF

      1504 State St

      PROFESSIONAL BUILDING • 5,936 SF
      1504 State St, Olean, NY 14760-2040
      View Details
    • Value Estimation
      $285,000
      7,570 SF

      112 Barry St

      OFFICE BUILDING • 7,570 SF
      112 Barry St, Olean, NY 14760-2721
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Olean Warehouse/Office Building on Route 16

      23,112 SF warehouse/office on 3.13 acres near Route 16.
      639 Un Street. Ext N, Olean, NY 14760
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    • $499,900
      15,320 SF

      Olean Commercial Property For Sale

      15,000+ sq ft commercial building on 0.57 acres in Olean.
      417 W State St, Olean, NY 14760
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    • Contact for pricing

      Warehouse/Office Building on 2.44 Acres

      26,616 SF warehouse/office building with expansion potential.
      921 North 4Th St, Olean, NY 14760
      View Details
    • Contact for pricing
      5.68 Acres

      Route 16 Commercial Land, Olean NY

      Prime Olean land, ideal for development.
      639 Norton Dr, Olean, NY 14760
      View Details
    • $1,399,500
      2,696 SF

      Olean Commercial Property For Sale

      Commercial property in Olean, NY, ideal for various businesses.
      3004 Nys Route 417, Olean, NY 14760
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      37,360 SF

      Olean Warehouse & Office Space

      37,360 SF Industrial Space, Prime Location
      317 Wayne St, Olean, NY 14760
      View Details
    • Contact for pricing
      82,626 SF

      2610 State St

      Restaurants • 82,626 SF
      2610 State St, Olean, NY 14760
      View Details
    • Contact for pricing

      Freestanding Building Near University

      20,000 SF building near St. Bonaventure University.
      W State St & U.S 3099, Olean, NY 14760
      View Details
    • Contact for pricing
      4,140 SF

      Olean Office Space For Rent

      Office space available near Olean General Hospital and I-86.
      901 Wayne St, Olean, NY 14760
      View Details
    • $2,000 /Mo
      5,796 SF

      Versatile Commercial Property on Route 16

      High-visibility commercial property with flexible space and ample parking.
      431 S Union St, Olean, NY 14760
      View Details
    • Contact for pricing
      13,600 SF

      Olean Office Space Available

      Office space with signage and easy highway access.
      420 N 9Th St, Olean, NY 14760
      View Details

    Property Visit Statistics

    • Visits by month
      0
    • Visitors by month
      6.1k
    • Avg Time on site
      13 min
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    Olean, NY 14760-2135
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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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