1600 Grand Central Ave Elmira, NY 14903-1957
more than once in fifty (50) years or that the cons truction can be designed to be safe from flooding and will not constitute an impediment to the free flow of the stream, and will include safe access fr om a public street for emergency vehicles during flood periods as approved by the City Department of Public Safety. 2. No building construction shall be per…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
CONS · Elmira, NYmore than once in fifty (50) years or that the cons truction can be designed to be safe from flooding and will not constitute an impediment to the free flow of the stream, and will include safe access fr om a public street for emergency vehicles during flood periods as approved by the City Department of Public Safety. 2. No building construction shall be permitted on prop erty abutting limited access highways unless access to the property is ob tained from a public non limited access street. 3. No building construction shall be permitted within five hundred feet (500’) of a limited access highway on lots containi ng an average slope of fifteen percent (15%) or more. (c) The extraction of earth products only in those ar eas under the jurisdiction of an agency of the State of New York in which case a spe cial permit from the Sate is required. (Ord. No. 2003-11 dated Jan. 13, 2003) 370.3 Other District Regulations. City of Elmira Zoning Ordinance Adopted December 21, 1998, a s amended Elmira City Hall E-Document 42 Revised 2/10 All the regulations specified in Section 320 of thi s ordinance shall apply to permitted uses and uses requiring special permits e xcept as otherwise specified in Articles IV and VII of this ordinance. (Ord. No. 2003-11 dated Jan. 13, 2003) City of Elmira Zoning Ordinance Adopted December 21, 1998, a s amended Elmira City Hall E-Document 43 Revised 2/10
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.