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    Property profile & analytics

    227 Hoffman St Elmira, NY 14905-2423

    • Investment properties
    • 1,992 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3227699
    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

    • West Elmira Optical / Medical Clinic / General Practitioner
    • O'Brien Hearing Aid Center / Hearing Aid Store / Hearing Aid Repair Service

    Property Details for 227 Hoffman St

    Year built
    1952
    Lot size
    0.03 lot acres
    Property size
    1,992 SF
    Zone code
    BA
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    070400 99.05-2-35
    APU
    704009905235

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.823
    Latitude
    42.0854
    CBSA code
    21300
    CBSA name
    ELMIRA, 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
    2020
    $0.00
    $5,000
    $45,000
    $50,000
    -
    $7,580
    $68,220
    $75,800

    Comparable in this City

    • Value Estimation by Request
      2,488 SF

      627 Church St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,488 SF
      627 Church St, Elmira, NY 14905-2427
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      3,068 SF

      534 Church St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,068 SF
      534 Church St, Elmira, NY 14905-2526
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    • Value Estimation by Request
      1,943 SF

      635 Water St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,943 SF
      635 Water St, Elmira, NY 14905-2409
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    • Value Estimation by Request
      935 SF

      203 Hoffman St

      OFFICE/RESIDENTIAL (MIXED USE) • 935 SF
      203 Hoffman St, Elmira, NY 14905-2423
      View Details
    • Value Estimation by Request
      1,270 SF

      1110 Walnut St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,270 SF
      1110 Walnut St, Elmira, NY 14905-1624
      View Details
    • Value Estimation by Request
      2,615 SF

      614 Church St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,615 SF
      614 Church St, Elmira, NY 14905-2428
      View Details

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    Property Visit Statistics

    • Visits by month
      3.3k
    • Visitors by month
      9.1k
    • Avg Time on site
      4 min
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    227 Hoffman St
    Elmira, NY 14905-2423
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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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