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    Property profile & analytics

    124 Franklin St Horseheads, NY 14845-2437

    • Office buildings
    • 2,640 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Sep 06, 2024
    $375,000
    Location Intelligence
    Property ID
    US63-1040103
    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

    • Ogilvie William M / Attorney
    • FedEx Drop Box / Mailing Service
    • Cavaco Management Group LTD / Bookkeeping Service / Tax Preparation Service

    Property Details for 124 Franklin St

    Year built
    1955
    Lot size
    0.10 lot acres
    Property size
    2,640 SF
    Zone code
    VH06
    Property type
    Office buildings
    APN
    073401 59.06-1-23.2
    APU
    7340159061232

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $295,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $350,000
      Mixed-Use
      $275,000
      Hospitality
      $365,000
      Educational
      $310,000
      Residential Income
      $310,000
      Energy
      $305,000
      Income-Based Land
      $320,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Horseheads
    County
    Chemung
    State
    New York
    Longitude
    -76.8215
    Latitude
    42.1678
    CBSA code
    21300
    CBSA name
    ELMIRA, 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
    2020
    $1,147
    $26,300
    $193,400
    $219,700
    -
    $26,566
    $195,353
    $221,919

    Comparable in this City

    • Value Estimation
      $290,000
      4,443 SF

      2977 Westinghouse Rd

      PROFESSIONAL BUILDING • 4,443 SF
      2977 Westinghouse Rd, Horseheads, NY 14845-8120
      View Details
    • Value Estimation by Request
      5,076 SF

      226 Colonial Dr

      OFFICE BUILDING • 5,076 SF
      226 Colonial Dr, Horseheads, NY 14845-8400
      View Details
    • Value Estimation
      $340,000
      8,400 SF

      2665-2667 Corning Rd

      OFFICE BUILDING • 8,400 SF
      2665-2667 Corning Rd, Horseheads, NY 14845
      View Details
    • Value Estimation
      $250,000
      1,888 SF

      133 Main St

      PROFESSIONAL BUILDING • 1,888 SF
      133 Main St, Horseheads, NY 14845-2175
      View Details
    • Value Estimation
      $200,000
      2,376 SF

      2860 Westinghouse Rd

      PROFESSIONAL BUILDING • 2,376 SF
      2860 Westinghouse Rd, Horseheads, NY 14845-8124
      View Details
    • Value Estimation
      $195,000
      1,621 SF

      2830 Westinghouse Rd

      PROFESSIONAL BUILDING • 1,621 SF
      2830 Westinghouse Rd, Horseheads, NY 14845-8123
      View Details

    Similar Nearby for Sale

    • $275,000
      2,376 SF

      Well-Maintained Office Building in Horseheads

      Centrally located office building with expansion potential in Horseheads, NY.
      2860 Westinghouse Rd, Horseheads, NY 14845
      View Details
    • $1,100,000
      5,076 SF

      Well-Maintained Commercial Building in Horseheads

      Versatile 5,076 SF building on 2 acres with expansion potential.
      226 Colonial Dr, Horseheads, NY 14845
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    • $229,000

      Commercial Building with Business Potential

      Commercial building with apartment and high-traffic exposure.
      10 Ridge Rd, Horseheads, NY 14845
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    • Contact for pricing
      50,000 SF

      Arnot Mall Retail Space Available

      Prime Retail Space, Horseheads, NY
      3300 Chambers Rd, Horseheads, NY 14845
      View Details
    • $1,300,000
      8,400 SF

      934 Lackawanna Ave, Horseheads, NY 14845

      Industrial properties • 8,400 SF
      934 Lackawanna Ave, Horseheads, NY 14845
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    • $137,000

      Development Opportunity Near Airport

      5.145-acre development opportunity with high visibility near Elmira/Corning Airport.
      343 Sing Sing Rd, Horseheads, NY 14845
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    Similar Nearby for Lease

    • $17,000 /Mo
      102,732 SF

      Historic Commercial Plaza Redevelopment Opportunity

      Historic commercial plaza space for lease in Horseheads, NY.
      3162 Lake Rd, Horseheads, NY 14845
      View Details
    • $2,100 /Mo
      3,600 SF

      Horseheads Storefront Lease Opportunity

      Versatile 3,600 sq ft space in high-traffic Horseheads business district.
      3162 Lake Rd, Horseheads, NY 14845
      View Details
    • $1,100 /Mo
      1,500 SF

      Storefront in High-Traffic Location

      Versatile 1500 SF space ideal for retail or office.
      3162 Lake Rd, Horseheads, NY 14845
      View Details
    • $950 /Mo
      1,250 SF

      Horseheads Commercial Space For Lease

      Commercial space in Hanover Square, great visibility, flexible uses.
      106 N Main St, Horseheads, NY 14845
      View Details
    • $70,000
      10,000 SF

      Prime Horseheads Retail Opportunity

      10,000 SF Retail Building, High Visibility
      511 Chemung St, Horseheads, NY 14845
      View Details
    • $2,200 /Mo
      4,000 SF

      Storefront in High-Traffic Area

      4000 sq ft storefront in Horseheads business district.
      3162 Lake Rd, Horseheads, NY 14845
      View Details
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    124 Franklin St
    Horseheads, NY 14845-2437
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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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