Property profile

1265 2nd St Jamestown, NY 14701

OFF-MARKET
Investment properties
Property ID
US63-2385067
1,882 SF 0.39 ac lot Built 1920
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,882 square foot office building at 1265 E 2nd St, Jamestown, NY is situated on a high-traffic corner lot, boasting an impressive average annual daily car count of 9,629 vehicles. Its prominent location ensures maximum visibility and accessibility, offering excellent ingress and egress for customers and employees. Previously occupied by a successful restaurant for over 40 years, this property presents a unique opportunity for a variety of commercial ventures. The building features ample parking, accommodating over 20 vehicles, with potential for expansion. The expansive lot allows for future growth, whether through building expansion or the addition of new structures. This proven location, with its long history of commercial success, makes it an ideal choice for businesses seeking high visibility and convenient access. The property's flexibility allows for diverse uses, from restaurants and retail to office spaces and other commercial enterprises. This is a rare opportunity to acquire a prime piece of Jamestown real estate with significant potential for growth and profitability. The property is priced at $99,900.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1920
Total area 1,882 SF
Lot 0.39 ac (16,895 SF)
APN 060800 371.13-1-52.1
UPID US63-2385067

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1265 2nd St Jamestown, NY 14701-1910
Jamestown metro Census 30100 JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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