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Property profile & analytics
OFF-MARKET
Industrial land
224 Main St, Horseheads, NY 14845-1766
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-5645561
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
1.01 ac (43,996 SF)
Zoning code
TH06
APN
073489 49.03-2-39.12
UPID
US63-5645561
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kayden Industries Factory Production Facility
-
Air Contact Transport Trucking Company
-
Mc Junkin Red Man Corporation Distribution Center Logistics Company
-
Gas Field Specialists Inc. Oil & Natural Gas Company
-
A W Farrell Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Steelsafe Horseheads LLC · 2 yrs held
Steelsafe Horseheads LLC
since 2023
Last sale
$242,590
5 recorded transactions
Zoning & alternative use
TH06 · Horseheads, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Horseheads submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Horseheads submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$486
Tax year 2020
Assessed value
$75,900
Assessed 2023
Previous assessed
$75,900
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$75,900
Land market value
$76,667
Total market value
$76,667
Applied tax rate
73,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
1.01 ac (43,996 SF)
Zoning code
TH06
APN
073489 49.03-2-39.12
UPID
US63-5645561
Jurisdiction
CHEMUNG
Zoning & alternative use
TH06 · Horseheads, NY
Zoning TH06 · permitted uses
TH06 · Horseheads, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Horseheads. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.01 ac
Current owner
From public records · entity-resolved
Steelsafe Horseheads LLC
Entity
Mailing address
2938 COLUMBIA AVESTE40, LANCASTER, PA 17603-7000
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2023
$242,590
Steelsafe Horseheads LLC
West Brothers Hld LP
Warranty Deed
—
Jul 12, 2022
$675,000
Parmstar INC
Jss Group LLC
Warranty Deed
$400,000 · Jss Group LLC
Apr 18, 2022
—
Horseheads Real Property
Chemung County Ind Dev
Deed
—
Apr 10, 2020
—
Chemung County Of
West Brothers Hldg LP
Warranty Deed
—
Jan 14, 2020
$250
Chemung Cap Realty LLC
Belden INC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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