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Property profile & analytics
OFF-MARKET
Estimated value
$23,085,000
Manufacturing properties
1958 Integrity Way Franklinville, NY 14737-9425
Entity Owned
Free & Clear
Property ID
US63-2257015
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2022
Total area
504,305 SF
Lot
226.91 ac (9,884,200 SF)
Zoning code
01 - NOT ZONED
APN
043800 40.001-3-7
UPID
US63-2257015
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.58M
Blend (final)
Blend
$23.09M
Owner & transaction history
GREAT LAKES CHEESE CO, INC
GREAT LAKES CHEESE CO, INC
Zoning & alternative use
01 - NOT ZONED · Franklinville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$38.0M
+219.7%
Commercial (general)
$37.0M
+211.8%
Retail stores
$34.6M
+191.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Franklinville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklinville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$37,955,000
Change: +220% · Conversion: Difficult
COMMERCIAL (GENERAL)
$37,015,000
Change: +212% · Conversion: Difficult
RETAIL STORES
$34,645,000
Change: +192% · Conversion: Moderate
WAREHOUSE, STORAGE
$28,920,000
Change: +144% · Conversion: Easy
Blend value · Realmo final
$23.09M
Range $20.78M – $25.39M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$46 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$11,214,200
Assessed 2023
Previous assessed
$140,700
+7,870.3% YoY
Assessed land
$1,324,000
Assessed improvement
$9,890,200
Land market value
$2,006,061
Improvement market value
$14,985,151
Total market value
$16,991,212
Applied tax rate
44,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2022
Heating
HOT WATER
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
504,305 SF
Lot
226.91 ac (9,884,200 SF)
Zoning code
01 - NOT ZONED
APN
043800 40.001-3-7
UPID
US63-2257015
Jurisdiction
CATTARAUGUS
Zoning & alternative use
01 - NOT ZONED · Franklinville, NY
Zoning 01 - NOT ZONED · permitted uses
01 - NOT ZONED · Franklinville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Franklinville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$38.0M
COMMERCIAL (GENERAL)
Est. value
$37.0M
RETAIL STORES
Est. value
$34.6M
WAREHOUSE, STORAGE
Est. value
$28.9M
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Heating
HOT WATER
Cooling
Yes
Stories
2
Bathrooms
2
Lot
226.91 ac
Current owner
From public records · entity-resolved
GREAT LAKES CHEESE CO, INC
Entity
Free & Clear · 0 yrs held
Mailing address
17955 GREAT LKS PKWY, HIRAM, OH 44234-9630
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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