$149,900 5,130 SF

1305 W State St, Olean, NY 14760
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The property is a commercial building located on a heavily traveled street in West Olean, configured to provide first-floor space suitable for retail or office use. The building includes multiple rental units. At the rear, there is an additional lot providing several parking spaces with access from both South 12th Street and South 13th Street. The location is described as walkable (walk score of 75) and bikeable (bike score of 67).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?

Assessed value · 2023$72k

Assessed land$16k

Assessed improvement$56k

Value estimate

· Nov 2026

$235k

$212k – $259k

AI approach$285k

NOI build-up

Gross scheduled income$96k

Vacancy & credit loss−$10k

Operating expenses−$26k

NOI$61k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$48/SF

ZIP average, outlier-cleaned · 42 recorded sales of this use type

Observed band · Q1–Q3$25 – $66

Cap rate analysis

How does the asset earn?

$61k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCATTARAUGUS

Location intelligence

Which uses thrive at this corner?

Best fit: Kitchen & Bath

Demand index

Kitchen & Bath9.8

Tailor Shop9.5

Plumbing Service9.2

1305 W State St Olean, NY 14760

County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby

Address Sale price Sold Size

801 State, Olean, NY 14760-2245 $360,000 Apr 2025 4,540 SF

211 Un, Olean, NY 14760-2705 $173,750 Sep 2024 7,120 SF

502 State, Olean, NY 14760-2544 $289,000 Aug 2024 7,000 SF

309 Un, Olean, NY 14760-2626 $92,000 Mar 2024 6,048 SF

1214 State, Olean, NY 14760-2136 $118,000 Jan 2024 3,740 SF

1619 State, Olean, NY 14760-3354 $240,000 Jul 2023 5,144 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$260,000

5,120 SF

1562 State St

OFFICE/RESIDENTIAL (MIXED USE)

1562 State St, Olean, NY 14760

View Details
Value Estimation
$245,000

5,400 SF

206 State St

STORE/OFFICE (MIXED USE)

206 State St, Olean, NY 14760-2538

View Details
Value Estimation
$435,000

4,856 SF

154 Un St

OFFICE/RESIDENTIAL (MIXED USE)

154 Un St, Olean, NY 14760-2735

View Details
Value Estimation
$235,000

5,952 SF

1375 Olean Portville Rd

STORE/OFFICE (MIXED USE)

1375 Olean Portville Rd, Olean, NY 14760-9601

View Details
Value Estimation
$425,000

4,288 SF

1781 Park St

STORE/OFFICE (MIXED USE)

1781 Park St, Olean, NY 14760-1852

View Details
Value Estimation
$225,000

4,168 SF

1459 Olean Portville Rd

OFFICE/RESIDENTIAL (MIXED USE)

1459 Olean Portville Rd, Olean, NY 14760-9601

View Details

Similar Nearby for Sale

$290,000

8,120 SF

Mixed-Use Property with Walk-In Cooler

Flexible interior layout includes office areas, a great room, kitchen facilities, and off-street parking within residential zoning.

115 S 16th St, Olean, NY 14760

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$189,900

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Two-Story Mixed-Use Property

Commercial space below a full-floor four-bedroom apartment supports flexible live-work use.

2423 N Nys Rte 16, Olean, NY 14760

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$499,900

15,320 SF

Mixed-Use Property with Warehouse

Commercial building with flexible space, rear warehouse capacity, mezzanine storage, and loading access.

417 W State Street, Olean, NY 14760

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1305 W State St Olean, NY 14760

Property summary