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    Property profile & analytics

    2009 Main St Endicott, NY 13760-5622

    • Manufacturing properties
    • 12,100 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimations
    $305,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-3478622
    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

    • Tower Roofing / Roofing Contractor

    Property Details for 2009 Main St

    Year built
    1965
    Lot size
    0.61 lot acres
    Property size
    12,100 SF
    Zone code
    GC
    Property type
    Manufacturing properties
    APN
    034689 157.07-1-13
    APU
    3468915707113

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $305,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $236,000
      Market price range: $172k - $777k
      AI Estimate
      $273,000
      Market price range: $226k - $860k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Endicott
    County
    Broome
    State
    New York
    Longitude
    -76.039
    Latitude
    42.103
    CBSA code
    13780
    CBSA name
    BINGHAMTON, 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
    $4,400
    $2,700
    $7,100
    -
    $127,167
    $78,035
    $205,202

    Comparable in this City

    • Value Estimation
      $340,000
      11,600 SF

      629 Dickson St

      MANUFACTURING (LIGHT) • 11,600 SF
      629 Dickson St, Endicott, NY 13760-4527
      View Details
    • Value Estimation
      $685,000
      98,234 SF

      301 Glendale Dr

      MANUFACTURING (LIGHT) • 98,234 SF
      301 Glendale Dr, Endicott, NY 13760-3783
      View Details
    • Value Estimation
      $275,000
      3,200 SF

      3120 Main St

      MANUFACTURING (LIGHT) • 3,200 SF
      3120 Main St, Endicott, NY 13760-5906
      View Details
    • Value Estimation
      $355,000
      15,206 SF

      403-405 Nanticoke N Ave

      MANUFACTURING (LIGHT) • 15,206 SF
      403-405 Nanticoke N Ave, Endicott, NY 13760
      View Details
    • Value Estimation
      $595,000
      156,752 SF

      15 Mls Ave

      MANUFACTURING (LIGHT) • 156,752 SF
      15 Mls Ave, Endicott, NY 13760-3914
      View Details
    • Value Estimation
      $335,000
      17,125 SF

      107 Brink St

      MANUFACTURING (LIGHT) • 17,125 SF
      107 Brink St, Endicott, NY 13760-5731
      View Details

    Similar Nearby for Sale

    • $2,500,000
      30,000 SF

      Manufacturing Facility with Class A Office

      State-of-the-art manufacturing facility with Class A office space.
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      111,780 SF

      Vestal Ave Industrial Flex Space

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    • $249,000

      Endicott Industrial Property - Main St

      Prime Endicott location, high traffic, expansion potential.
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    • $395,000

      Endicott Office Building - Great Location

      Prime Endicott office space, excellent access.
      679 Main St, Endicott, NY 13760
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    • $395,000

      Mixed-Use Building with Retail Space

      8,500+ sq ft mixed-use building with retail and apartments.
      101 W Main St, Endicott, NY 13760
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    • $345,000
      4,086 SF

      Renovated Multifamily Investment Opportunity

      Stabilized five-unit property in Endicott's growing market.
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    Similar Nearby for Lease

    • Contact for pricing
      362,258 SF

      Endicott Industrial Space For Lease

      Large Manufacturing Space Available in NY
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    • Contact for pricing
      43,785 SF

      Endicott Industrial Facility

      43,785 SF Warehouse, Climate Controlled
      1093 Clark St, Endicott, NY 13760
      View Details
    • Contact for pricing
      137,030 SF

      Endicott Warehouse: 137,030 SF

      Large Industrial Warehouse Space Available
      24 Adams Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      59,357 SF

      Endicott Industrial Distribution Space

      Large Industrial Space Available in Endicott, NY
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    • Contact for pricing
      135,798 SF

      Endicott Warehouse Space Available

      Large Industrial Warehouse, Multiple Units
      1101 Clark St, Endicott, NY 13760
      View Details
    • Contact for pricing
      30,000 SF

      Industrial Property Available For Rent

      Industrial property with 30,000 square feet available for rent.
      1239 Campville Rd, Endicott, NY 13760
      View Details
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    2009 Main St
    Endicott, NY 13760-5622
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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