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    Property profile & analytics

    12399 Olean Rd Chaffee, NY 14030-9550

    • Investment properties
    • 13,292 SF
    • 2.13 lot acres
    OFF-MARKET
    Value Estimation
    $625,000
    Last Sale
    Jan 03, 2024
    $630,000
    Location Intelligence
    Property ID
    US63-1349735
    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

    • Fitness Connection / Gym
    • Angel Touch Massage / Massage Therapist / Reflexologist
    • Western New York Physical & Occupational Therapy Group / Physical Therapy Clinic / Occupational Therapist
    • Stone Audiology / Audiologist / Hearing Aid Repair Service
    • Mary Songster, DVM / Veterinarian

    Property Details for 12399 Olean Rd

    Year built
    1988
    Lot size
    2.13 lot acres
    Property size
    13,292 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    146200 327.00-1-10.4
    APU
    146200327001104

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $630,000

    • CAP approach

      CAP return
      Estimation
      6%
      $595,000
      6.5%
      $590,000
      7%
      $605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $535,000
      Geo Method
      $600,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $720,000
      Retail
      $705,000
      Mixed-Use
      $590,000
      Hospitality
      $585,000
      Educational
      $565,000
      Residential Income
      $720,000
      Energy
      $655,000
      Income-Based Land
      $525,000
      Food Service
      $695,000

    Location Insight

    • Map
    • Local Demand
    City
    Chaffee
    County
    Erie
    State
    New York
    Longitude
    -78.4777
    Latitude
    42.541
    CBSA code
    15380
    CBSA name
    BUFFALO-NIAGARA FALLS, NY METROPOLITAN 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
    2023
    $0.00
    $54,300
    $165,700
    $220,000
    -
    $139,231
    $424,872
    $564,103

    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 by Request
      0.17 Acres

      12243 Rte 16

      STORE/OFFICE (MIXED USE) • 0.17 Acres
      12243 Rte 16, Chaffee, NY 14030
      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

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    • Contact for pricing
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    Similar Nearby for Lease

    • Contact for pricing
      2,250 SF

      Chaffee Retail Space - 2250 SF

      Prime Restaurant Location, High Traffic Area
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    • 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
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    • $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
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    12399 Olean Rd
    Chaffee, NY 14030-9550
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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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