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Property profile & analytics

1401 State St Olean, NY 14760-3819

  • Commercial land
  • 1.00 lot acres
OFF-MARKET
Last Sale
Jan 12, 2023
$355,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-0811997
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

  • Tim Hortons / Coffee Shop
  • John Derx Auto Electric / Auto Electrical Service / Auto Repair Shop

Property Details for 1401 State St

Lot size
1.00 lot acres
Property type
Commercial land
APN
041200 94.075-4-10.3
APU
41200940754103

Description

This exceptional 10.55+/- acre vacant industrial land parcel presents a unique opportunity for development in Olean, New York. Located at 1401 E State St, 14760, this property boasts significant site improvements, including existing asphalt paving, paved parking areas, curbing, signage, landscaping, yard lighting, and drainage. The land is level at street grade and offers high visibility due to its corner location and frontage on several area streets, including both the north and south sides of East State Street. This high-traffic thoroughfare ensures excellent exposure for any business. The property is zoned for industrial use and benefits from readily available city water and sewer, as well as NYSEG gas and electric services. Its strategic location and extensive improvements make it an excellent site for a variety of uses, including manufacturing facilities, distribution centers, warehousing, storage, or operations related to the oil and gas industry. The site's size and accessibility make it a prime candidate for build-to-suit development, catering to specific business needs. High traffic volume and all available utilities further enhance its appeal as a premier industrial location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Olean
County
Cattaraugus
State
New York
Longitude
-78.4033
Latitude
42.0733
CBSA code
36460
CBSA name
OLEAN, 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
0
$0.00
$37,000
$0.00
$37,000
-
$47,436
$0.00
$47,436
More about this property
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