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    Property profile & analytics

    24 Fair St Norwich, NY 13815-1604

    • Office buildings
    • 1,378 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $70,000
    Last Sale
    Mar 24, 2023
    $50,000
    Location Intelligence
    Property ID
    US63-2582283
    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

    • Somich & Associates, Inc. / Real Estate Appraiser

    Property Details for 24 Fair St

    Year built
    1950
    Lot size
    0.09 lot acres
    Property size
    1,378 SF
    Zone code
    02 - SINGLE RESIDENCE
    Property type
    Office buildings
    APN
    081100 136.48-1-34
    APU
    8110013648134

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    Chenango
    State
    New York
    Longitude
    -75.5261
    Latitude
    42.5327

    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
    $15,700
    $24,300
    $40,000
    -
    $30,784
    $47,647
    $78,431

    Comparable in this City

    • Value Estimation by Request
      0.41 Acres

      5811 County Rd 32

      PROFESSIONAL BUILDING • 0.41 Acres
      5811 County Rd 32, Norwich, NY 13815-3731
      View Details
    • Value Estimation
      $245,000
      3,336 SF

      280 County Rd 44

      PROFESSIONAL BUILDING • 3,336 SF
      280 County Rd 44, Norwich, NY 13815-2209
      View Details
    • Value Estimation by Request
      1,596 SF

      6 Park Pl

      OFFICE BUILDING • 1,596 SF
      6 Park Pl, Norwich, NY 13815-1614
      View Details
    • Value Estimation
      $300,000
      3,296 SF

      38-40 Broad St

      PROFESSIONAL BUILDING • 3,296 SF
      38-40 Broad St, Norwich, NY 13815-1445
      View Details
    • Value Estimation
      $115,000
      1,920 SF

      6370 County Rd 32

      PROFESSIONAL BUILDING • 1,920 SF
      6370 County Rd 32, Norwich, NY 13815-3551
      View Details
    • Value Estimation
      $275,000
      2.90 Acres

      157 County Rd 32a

      OFFICE BUILDING • 2.90 Acres
      157 County Rd 32a, Norwich, NY 13815-3500
      View Details

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    Similar Nearby for Lease

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    24 Fair St
    Norwich, NY 13815-1604
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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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