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    Property profile & analytics

    1928 Shr Dr Lansing, NY 14882-8865

    • Turn key restaurants
    • 2,403 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Last Sale
    Jun 25, 2021
    $214,539
    Location Intelligence
    Property ID
    US63-0096302
    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

    • Flynn's Roadhouse Cafe / Pizza Restaurant
    • East Shore Roadhouse / American Restaurant

    Property Details for 1928 Shr Dr

    Year built
    1975
    Lot size
    0.52 lot acres
    Property size
    2,403 SF
    Zone code
    B2
    Property type
    Turn key restaurants
    APN
    503289 37.1-1-12
    APU
    503289371112

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Tompkins
    State
    New York
    Longitude
    -76.5013
    Latitude
    42.5282
    CBSA code
    27060
    CBSA name
    ITHACA, NY METROPOLITAN 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
    2019
    $1,985
    $30,000
    $180,000
    $210,000
    -
    $30,000
    $180,000
    $210,000

    Comparable in this City

    • Value Estimation
      $385,000
      8,856 SF

      2079 Shr Dr

      RESTAURANT • 8,856 SF
      2079 Shr Dr, Lansing, NY 14882-9001
      View Details
    • Value Estimation
      $290,000
      3,264 SF

      3120 Triphammer Rd

      RESTAURANT • 3,264 SF
      3120 Triphammer Rd, Lansing, NY 14882-8906
      View Details
    • Value Estimation by Request
      4,600 SF

      6 Louise Bement Ln

      RESTAURANT • 4,600 SF
      6 Louise Bement Ln, Lansing, NY 14882-9112
      View Details
    • Value Estimation by Request
      6,696 SF

      1487 Rdg Rd

      NIGHTCLUB (COCKTAIL LOUNGE) • 6,696 SF
      1487 Rdg Rd, Lansing, NY 14882
      View Details
    • Value Estimation by Request
      2,710 SF

      1100 Rdg Rd

      BAR, TAVERN • 2,710 SF
      1100 Rdg Rd, Lansing, NY 14882-8812
      View Details
    • Value Estimation
      $370,000
      2,300 SF

      2025 Shr Dr

      VEHICLE SALES, RENTALS • 2,300 SF
      2025 Shr Dr, Lansing, NY 14882-9001
      View Details

    Similar Nearby for Sale

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      Ithaca Building Lot Near Cornell

      One-acre building lot near Ithaca, Cornell, and Cayuga Lake.
      123 Rose Ann Dr, Ithaca, NY 14882
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    • $595,000
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      Lansing Commercial Development Land

      7.7 Acres, High-Traffic Location
      3100 Triphammer Rd, Lansing, NY 14882
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    • $150,000
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      Lansing Land with Lake Views

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      View Details
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    Lansing, NY 14882-8865
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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