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    Property profile & analytics

    1989 Shr Dr Lansing, NY 14882-8945

    • Retail space
    • 9,100 SF
    • 2.17 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Last Sale
    Aug 07, 2023
    Location Intelligence
    Property ID
    US63-5332521
    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

    • Dollar General / Seasonal Goods Store / Variety Store
    • FedEx OnSite / Mailing Service
    • Western Union / Money Transfer Service / Money Order Service

    Property Details for 1989 Shr Dr

    Year built
    2016
    Lot size
    2.17 lot acres
    Property size
    9,100 SF
    Zone code
    B1
    Property type
    Retail space
    APN
    503289 37.1-2-53.211
    APU
    503289371253211

    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
    -76.5017
    Latitude
    42.5328
    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
    $7,593
    $150,000
    $1,215,000
    $1,365,000
    -
    $150,000
    $1,215,000
    $1,365,000

    Comparable in this City

    • Value Estimation by Request
      9,600 SF

      3105 Triphammer Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,600 SF
      3105 Triphammer Rd, Lansing, NY 14882-8710
      View Details
    • Value Estimation
      $300,000
      4,212 SF

      1902 Shr Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,212 SF
      1902 Shr Dr, Ithaca, NY 14882-9094
      View Details
    • Value Estimation by Request
      15,060 SF

      3125 Triphammer Rd

      GROCERY, SUPERMARKET • 15,060 SF
      3125 Triphammer Rd, Lansing, NY 14882-8906
      View Details
    • Value Estimation
      $185,000
      3,336 SF

      3077 Triphammer Rd

      FINANCIAL BUILDING • 3,336 SF
      3077 Triphammer Rd, Lansing, NY 14882-8906
      View Details
    • 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
      $205,000
      2,403 SF

      1928 Shr Dr

      RESTAURANT • 2,403 SF
      1928 Shr Dr, Lansing, NY 14882-8865
      View Details

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    1989 Shr Dr
    Lansing, NY 14882-8945
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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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