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    Property profile & analytics

    2 Central Plz Ilion, NY 13357-1701

    • Commercial land
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 15, 2022
    $2,850,000
    Location Intelligence
    Property ID
    US63-3538584
    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

    • Commercial land

    Property Details for 2 Central Plz

    Lot size
    0.17 lot acres
    Zone code
    PS
    Property type
    Commercial land
    APN
    212801 119.44-4-5
    APU
    2128011194445

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ilion
    County
    Herkimer
    State
    New York
    Longitude
    -75.0358
    Latitude
    43.0165
    CBSA code
    46540
    CBSA name
    UTICA-ROME, 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
    0
    $0.00
    $22,500
    $0.00
    $22,500
    -
    $40,909
    $0.00
    $40,909

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      Ilion, NY 13357

      VACANT COMMERCIAL LAND • 2.00 Acres
      Ilion, NY 13357
      View Details
    • Value Estimation by Request
      0.48 Acres

      169 Main St

      VACANT COMMERCIAL LAND • 0.48 Acres
      169 Main St, Ilion, NY 13357-1719
      View Details
    • Value Estimation by Request
      0.82 Acres

      Central Plz

      VACANT COMMERCIAL LAND • 0.82 Acres
      Central Plz, Ilion, NY 13357
      View Details
    • Value Estimation by Request
      0.21 Acres

      Otsego St

      VACANT COMMERCIAL LAND • 0.21 Acres
      Otsego St, Ilion, NY 13357
      View Details
    • Value Estimation by Request
      0.98 Acres

      166 Central Ave

      VACANT COMMERCIAL LAND • 0.98 Acres
      166 Central Ave, Ilion, NY 13357-1206
      View Details
    • Value Estimation by Request
      2.00 Acres

      Elizabethtown Rd

      VACANT COMMERCIAL LAND • 2.00 Acres
      Elizabethtown Rd, Ilion, NY 13357
      View Details

    Similar Nearby for Sale

    • $1,250,000

      Commercial Land Available

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    • $575,000

      Commercial Land on Main Street

      Commercial land available on Main Street in Ilion, NY.
      142 E Main St, Ilion, NY 13357
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    • $40,000
      2.90 Acres

      Ilion Land: Buildable Corner Lot

      2.70-acre corner lot in Ilion, ready for your dream home.
      Harrison Ave, Ilion, NY 13357
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    • $1,800,000
      10,578 SF

      Luxury Upstate NY Estate

      10,578 SF, 32.8 Acres, $1.8M
      396 Elizabethtown Rd, Ilion, NY 13357
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    • $30,000
      Pending

      Ilion Land For Sale

      13.6 acres of land within village limits.
      Buchanan St, Ilion, NY 13357
      View Details
    • $159,900

      Land For Sale

      Land available for sale.
      42-44 Morgan St, Ilion, NY 13357
      View Details
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    2 Central Plz
    Ilion, NY 13357-1701
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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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