Property profile

1980 Main St Falconer, NY 14733

OFF-MARKET
Motels
Property ID
US63-0207497
31,758 SF 2.4 ac lot Built 1988
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1988
Total area 31,758 SF
Lot 2.4 ac (104,544 SF)
Zoning code 05 - COMMERCIAL
APN 063889 354.19-1-25
UPID US63-0207497

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1980 Main St Falconer, NY 14733-9707
Falconer metro Census 37300 JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$1.62M

Owner & transaction history

since 2014
4 recorded transactions
2014
$1.5M
2011
$2.0M
2007
Price N/A
2007
$699,367

Zoning & alternative use

05 - COMMERCIAL · Falconer, NY
Top alternative use upside
Office building $2.6M +56.9%
Commercial (general) $2.3M +40.4%
Medical building $2.0M +23.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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