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    Property profile & analytics

    229 Main St Palmyra, NY 14522-1127

    • Investment properties
    • 6,992 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US63-0334691
    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

    • Van Parys Associates / Insurance Agency
    • Santelli Financial Group / Financial Consultant

    Property Details for 229 Main St

    Year built
    1860
    Lot size
    0.05 lot acres
    Property size
    6,992 SF
    Zone code
    C1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    543601 64111-11-724705
    APU
    5436016411111724705

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $325,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $300,000
      Mixed-Use
      $290,000
      Hospitality
      $310,000
      Educational
      $365,000
      Residential Income
      $350,000
      Energy
      $310,000
      Income-Based Land
      $335,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Wayne
    State
    New York
    Longitude
    -77.2303
    Latitude
    43.0639
    CBSA code
    40380
    CBSA name
    ROCHESTER, 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
    $7,500
    $159,500
    $167,000
    -
    $7,576
    $161,111
    $168,687

    Comparable in this City

    • Value Estimation by Request
      4,880 SF

      202 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,880 SF
      202 Main St, Palmyra, NY 14522-1128
      View Details
    • Value Estimation by Request
      1,303 SF

      402 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,303 SF
      402 Main St, Palmyra, NY 14522-1004
      View Details
    • Value Estimation
      $315,000
      2,987 SF

      36893695 Armington Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,987 SF
      36893695 Armington Rd, Palmyra, NY 14522
      View Details
    • Value Estimation
      $230,000
      7,200 SF

      138 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,200 SF
      138 Main St, Palmyra, NY 14522-1059
      View Details
    • Value Estimation by Request
      2,464 SF

      239 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,464 SF
      239 Main St, Palmyra, NY 14522-1182
      View Details
    • Value Estimation by Request
      288 SF

      1685 Division St

      OFFICE/RESIDENTIAL (MIXED USE) • 288 SF
      1685 Division St, Palmyra, NY 14522-9383
      View Details

    Similar Nearby for Sale

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      Palmyra, NY Land For Sale

      1.65 acre parcel for future 60 homesite subdivision.
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      Palmyra Industrial Building - Great Potential

      Solid mechanics, prime location, needs TLC.
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      Palmyra Commercial Land For Sale

      Commercial land available in Palmyra, New York.
      2980 N Creek Rd, Palmyra, NY 14522
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    • $99,900

      Commercial Land in High Traffic

      Commercial land in prime location with high traffic.
      622 E Main St, Palmyra, NY 14522
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    • $1,700,000
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      Palmyra Gas Station For Sale

      Gas station in high-traffic Palmyra, NY, offers excellent investment.
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      View Details
    Request Owner's contact information
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    229 Main St
    Palmyra, NY 14522-1127
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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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