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    Property profile & analytics

    23 Central Plz Ilion, NY 13357-1701

    • Investment properties
    • 2,000 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US63-4336889
    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

    • Investment properties

    Property Details for 23 Central Plz

    Lot size
    0.08 lot acres
    Property size
    2,000 SF
    Zone code
    P5
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    212801 119.44-4-18.2
    APU
    212801119444182

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ilion
    County
    Herkimer
    State
    New York
    Longitude
    -75.0362
    Latitude
    43.0151
    CBSA code
    46540
    CBSA name
    UTICA-ROME, 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
    $5,872
    $22,000
    $72,800
    $94,800
    -
    $40,000
    $132,364
    $172,364

    Comparable in this City

    • Value Estimation
      $260,000
      2,484 SF

      10 Central Plz

      STORE/OFFICE (MIXED USE) • 2,484 SF
      10 Central Plz, Ilion, NY 13357-1701
      View Details
    • Value Estimation
      $1,835,000
      8,324 SF

      70 Central Plz, Unit 80

      STORE/OFFICE (MIXED USE) • 8,324 SF
      70 Central Plz, Ilion, NY 13357-1701
      View Details
    • Value Estimation by Request
      840 SF

      1 Colonial Plz

      STORE/OFFICE (MIXED USE) • 840 SF
      1 Colonial Plz, Ilion, NY 13357-1716
      View Details
    • Value Estimation by Request
      2,700 SF

      132 Main St

      STORE/OFFICE (MIXED USE) • 2,700 SF
      132 Main St, Ilion, NY 13357-1242
      View Details
    • Value Estimation by Request
      2,052 SF

      125 Otsego St

      STORE/OFFICE (MIXED USE) • 2,052 SF
      125 Otsego St, Ilion, NY 13357-1805
      View Details
    • Value Estimation
      $260,000
      810 SF

      8 Central Plz

      STORE/OFFICE (MIXED USE) • 810 SF
      8 Central Plz, Ilion, NY 13357-1701
      View Details

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      Ilion Multifamily Investment Opportunity

      Fully occupied investment property with apartments and commercial space.
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    • New
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      Ilion Restaurant - Turnkey Opportunity

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    23 Central Plz
    Ilion, NY 13357-1701
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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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