Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    203 Laurens St Olean, NY 14760-2511

    • Office buildings
    • 8,000 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Last Sale
    Dec 30, 2021
    $494,015
    Location Intelligence
    Property ID
    US63-3288924
    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

    • Foundations For Change / Mental Health Service
    • Southern Tier Environment For / Mental Health Service
    • Jennifer Safford, BS / Counselor / Doctor
    • Kay J. Shults, RN / Doctor / Registered General Nurse

    Property Details for 203 Laurens St

    Year built
    1930
    Lot size
    0.31 lot acres
    Property size
    8,000 SF
    Property type
    Office buildings
    APN
    041200 94.065-9-3
    APU
    412009406593

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $590,000

    • CAP approach

      CAP return
      Estimation
      6%
      $440,000
      6.5%
      $495,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $480,000
      Geo Method
      $490,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $485,000
      Retail
      $415,000
      Mixed-Use
      $430,000
      Hospitality
      $445,000
      Educational
      $500,000
      Residential Income
      $415,000
      Energy
      $540,000
      Income-Based Land
      $465,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4317
    Latitude
    42.0791
    CBSA code
    36460
    CBSA name
    OLEAN, NY MICROPOLITAN 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
    $18,000
    $232,000
    $250,000
    -
    $23,077
    $297,436
    $320,513

    Comparable in this City

    • Value Estimation by Request
      6,004 SF

      103 Barry St

      OFFICE BUILDING • 6,004 SF
      103 Barry St, Olean, NY 14760-3626
      View Details
    • Value Estimation by Request
      952 SF

      500 Wayne St

      OFFICE BUILDING • 952 SF
      500 Wayne St, Olean, NY 14760-2463
      View Details
    • Value Estimation by Request
      8,392 SF

      1439 Buffalo St

      OFFICE BUILDING • 8,392 SF
      1439 Buffalo St, Olean, NY 14760-1140
      View Details
    • Value Estimation
      $285,000
      7,570 SF

      112 Barry St

      OFFICE BUILDING • 7,570 SF
      112 Barry St, Olean, NY 14760-2721
      View Details
    • Value Estimation
      $320,000
      5,600 SF

      2416 Constitution Ave

      PROFESSIONAL BUILDING • 5,600 SF
      2416 Constitution Ave, Olean, NY 14760-1840
      View Details
    • Value Estimation
      $320,000
      5,936 SF

      1504 State St

      PROFESSIONAL BUILDING • 5,936 SF
      1504 State St, Olean, NY 14760-2040
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Olean Warehouse/Office Building on Route 16

      23,112 SF warehouse/office on 3.13 acres near Route 16.
      639 Un Street. Ext N, Olean, NY 14760
      View Details
    • $499,900
      15,320 SF

      Olean Commercial Property For Sale

      15,000+ sq ft commercial building on 0.57 acres in Olean.
      417 W State St, Olean, NY 14760
      View Details
    • Contact for pricing

      Warehouse/Office Building on 2.44 Acres

      26,616 SF warehouse/office building with expansion potential.
      921 North 4Th St, Olean, NY 14760
      View Details
    • $150,000
      43.35 Acres

      Land with Horse Barn, Olean

      43.35 acres with horse barn near Olean, NY.
      East River Rd, Olean, NY 14760
      View Details
    • $299,999
      2,500 SF

      Olean Industrial Warehouse - $299,999

      Spacious industrial warehouse, ideal location.
      1020 State St, Olean, NY 14760
      View Details
    • $79,900
      2,388 SF

      Two-Unit Property Near Downtown Olean

      Well-maintained two-unit property near downtown Olean, great for investment.
      108 N 4Th St, Olean, NY 14760
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      37,360 SF

      Olean Warehouse & Office Space

      37,360 SF Industrial Space, Prime Location
      317 Wayne St, Olean, NY 14760
      View Details
    • Contact for pricing
      13,600 SF

      Olean Office Space Available

      Office space with signage and easy highway access.
      420 N 9Th St, Olean, NY 14760
      View Details
    • Contact for pricing
      82,626 SF

      2610 State St

      Restaurants • 82,626 SF
      2610 State St, Olean, NY 14760
      View Details
    • Contact for pricing

      Freestanding Building Near University

      20,000 SF building near St. Bonaventure University.
      W State St & U.S 3099, Olean, NY 14760
      View Details
    • Contact for pricing
      4,140 SF

      Olean Office Space For Rent

      Office space available near Olean General Hospital and I-86.
      901 Wayne St, Olean, NY 14760
      View Details
    • $2,000 /Mo
      5,796 SF

      Versatile Commercial Property on Route 16

      High-visibility commercial property with flexible space and ample parking.
      431 S Union St, Olean, NY 14760
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    203 Laurens St
    Olean, NY 14760-2511
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.