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    1414 State St Olean, NY 14760-3820
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    Property profile & analytics

    1414 State St Olean, NY 14760-3820


    • Manufacturing properties
    • 239,900 SF
    • 8.40 lot acres
    Off-Market
    Property ID
    US63-2965355
    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.

    Value Estimations
    $1,055,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Crandalls Memorials / General Contractor
    • Spectrum Supplements, Inc. / Distribution Center / Logistics Company

    Property Details for 1414 State St

    Year built
    1942
    Lot size
    8.40 lot acres
    Property size
    239,900 SF
    Property type
    Manufacturing properties
    APN
    041200 94.075-5-11
    APU
    4120094075511

    Description

    This expansive industrial property in Olean, NY, offers 276,444 square feet of manufacturing and warehouse/distribution space, available for lease in units ranging from 3,000 to 276,444 contiguous square feet. The entire 276,444 square foot building is currently vacant. Situated on an 8.4-acre lot, this facility boasts impressive features including 16' to 24' ceiling heights, three truck-level doors, and ample parking for approximately 200 vehicles. The property also includes a 10,000+ square foot air-conditioned office area. Built in 1942, the building features a rubber membrane roof, concrete floors, a fully sprinklered system, a back-up generator, and a security system. Heavy industrial power and rail access are available, along with an on-site switch and transformer. The property is zoned EZ (Empire Zone), providing access to development incentives and tax benefits. Its strategic location offers easy access to I-86 Southern Tier Expressway (Exit 17), making it ideally situated to serve Western New York, Northern Pennsylvania, and Southern Ontario, Canada. An adjacent 10.5-acre parcel with rail access and two smaller buildings (approximately 5,000 square feet total) is also available for separate purchase. This parcel features 718+ feet of frontage on East State Street and 621+ feet of frontage on North Clark Street. This property is perfect for a variety of manufacturing, distribution, and office uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4034
    Latitude
    42.0722
    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
    $168,000
    $407,000
    $575,000
    -
    $215,384
    $521,795
    $737,179
    More about this property
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