Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1245 2nd St Jamestown, NY 14701-1910

    • Turn key restaurants
    • 2,471 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US63-3473957
    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

    • Honest John's Pizzeria Second St / Pizza Restaurant / Chicken Wings Restaurant

    Property Details for 1245 2nd St

    Year built
    1940
    Lot size
    0.31 lot acres
    Property size
    2,471 SF
    Property type
    Turn key restaurants
    APN
    060800 371.13-1-53
    APU
    6080037113153

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $390,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $380,000
      Mixed-Use
      $355,000
      Hospitality
      $415,000
      Educational
      $395,000
      Residential Income
      $370,000
      Energy
      $445,000
      Income-Based Land
      $375,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.2169
    Latitude
    42.1129
    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
    $4,348
    $45,700
    $89,300
    $135,000
    -
    $62,603
    $122,329
    $184,932

    Comparable in this City

    • Value Estimation by Request
      2,952 SF

      382 Hunt Rd

      RESTAURANT • 2,952 SF
      382 Hunt Rd, Jamestown, NY 14701-5702
      View Details
    • Value Estimation
      $1,685,000
      5,929 SF

      10 Main St

      RESTAURANT • 5,929 SF
      10 Main St, Jamestown, NY 14701-6635
      View Details
    • Value Estimation
      $265,000
      3,737 SF

      235 Fluvanna Ave

      RESTAURANT • 3,737 SF
      235 Fluvanna Ave, Fluvanna, NY 14701-2050
      View Details
    • Value Estimation by Request
      1,848 SF

      897 Busti Sugar Grv Rd

      RESTAURANT • 1,848 SF
      897 Busti Sugar Grv Rd, Jamestown, NY 14701
      View Details
    • Value Estimation
      $245,000
      4,884 SF

      538 Buffalo St

      RESTAURANT • 4,884 SF
      538 Buffalo St, Jamestown, NY 14701-2307
      View Details
    • Value Estimation
      $300,000
      2,775 SF

      966 Fairmount Ave

      RESTAURANT • 2,775 SF
      966 Fairmount Ave, Jamestown, NY 14701-2451
      View Details

    Similar Nearby for Sale

    • $99,000
      1,764 SF

      Jamestown Retail Building For Sale

      Turn-key restaurant with renovation and outdoor dining potential.
      318 Hebner St, Jamestown, NY 14701
      View Details
    • $1,190,000

      Jamestown Bowling Alley and Bar

      Turn-key bowling alley with sports bar and restaurant for sale.
      850 Foote Ave, Jamestown, NY 14701
      View Details
    • $559,900

      Jamestown Commercial Space For Sale

      Commercial space with ample parking in a high-traffic area.
      7 S Main St, Jamestown, NY 14701
      View Details
    • $179,900

      Four-Unit Commercial Property For Sale

      Four-unit commercial property with remodeled apartments and a bar/restaurant.
      1065 E 2Nd St, Jamestown, NY 14701
      View Details
    • $250,000
      7,308 SF

      Jamestown Commercial Property with Restaurant

      Fully operational restaurant and 22 rental units in Jamestown, NY.
      1414 E 2Nd St, Jamestown, NY 14701
      View Details
    • $118,000

      Versatile Commercial Property For Sale

      Two buildings on a spacious lot with income potential.
      814 Clinton St, Jamestown, NY 14701
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Freestanding Restaurant Opportunity Near Mall

      Turn-key restaurant space with high traffic and ample parking.
      995 Fairmount Ave, Jamestown, NY 14701
      View Details
    • $1,500 /Mo

      522 E 2Nd St

      RESTURANT LOCATION FOR LEASE
      522 E 2Nd St, Jamestown, NY 14701
      View Details
    • $10 SF/Yr
      40,973 SF

      Fairmount Avenue Plaza Retail Space

      Jamestown Retail Center: High Traffic, Mixed-Use
      707 Fairmount Ave, Ellicott, NY 14701
      View Details
    • $13 SF/Yr
      3,623 SF

      Jamestown Office Building For Sale

      Historic Jamestown office, 3,623 sq ft.
      405 3Rd St, Jamestown, NY 14701
      View Details
    • $1,300 /Mo

      Retail Space in High-Traffic Area

      Retail space with parking, office, bathroom, storage, and garage.
      1739 Foote Avenue Ext, Jamestown, NY 14701
      View Details
    • Contact for pricing
      6,746 SF

      Jamestown Retail Space Available

      Retail space available for rent in Jamestown, New York.
      295 E Fairmount Ave, Jamestown, NY 14701
      View Details

    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      675
    • Avg Time on site
      14 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1245 2nd St
    Jamestown, NY 14701-1910
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.