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    Property profile & analytics

    2416 Constitution Ave Olean, NY 14760-1840

    • Office buildings
    • 5,600 SF
    • 1.05 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US63-4145647
    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

    • Rehabilitation Today Pllc / Physical Therapist / Occupational Therapist
    • Marshall Jessica R / Physical Therapist
    • Albney Mindy A / Physical Therapist
    • Joshua Kibler / Physical Therapist
    • Scheffler Beth M / Physical Therapist

    Property Details for 2416 Constitution Ave

    Year built
    1999
    Lot size
    1.05 lot acres
    Property size
    5,600 SF
    Property type
    Office buildings
    APN
    046600 94.003-3-5.5
    APU
    4660094003355

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $380,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $340,000
      Mixed-Use
      $325,000
      Hospitality
      $350,000
      Educational
      $445,000
      Residential Income
      $340,000
      Energy
      $325,000
      Income-Based Land
      $380,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4589
    Latitude
    42.0837
    CBSA code
    36460
    CBSA name
    OLEAN, NY MICROPOLITAN 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
    $10,700
    $161,700
    $172,400
    -
    $19,107
    $288,750
    $307,857

    Comparable in this City

    • Value Estimation by Request
      952 SF

      500 Wayne St

      OFFICE BUILDING • 952 SF
      500 Wayne St, Olean, NY 14760-2463
      View Details
    • Value Estimation by Request
      6,004 SF

      103 Barry St

      OFFICE BUILDING • 6,004 SF
      103 Barry St, Olean, NY 14760-3626
      View Details
    • Value Estimation by Request
      8,392 SF

      1439 Buffalo St

      OFFICE BUILDING • 8,392 SF
      1439 Buffalo St, Olean, NY 14760-1140
      View Details
    • Value Estimation
      $320,000
      5,936 SF

      1504 State St

      PROFESSIONAL BUILDING • 5,936 SF
      1504 State St, Olean, NY 14760-2040
      View Details
    • Value Estimation
      $285,000
      7,570 SF

      112 Barry St

      OFFICE BUILDING • 7,570 SF
      112 Barry St, Olean, NY 14760-2721
      View Details
    • Value Estimation by Request
      35,546 SF

      500 Main St

      PROFESSIONAL BUILDING • 35,546 SF
      500 Main St, Olean, NY 14760-1514
      View Details

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      Olean Industrial Warehouse - $299,999

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      Olean Duplex: Investment Opportunity

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    Similar Nearby for Lease

    • $5 SF/Yr
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      Olean Warehouse & Office Space

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      View Details
    • Contact for pricing
      13,600 SF

      Olean Office Space Available

      Office space with signage and easy highway access.
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    • Contact for pricing
      82,626 SF

      2610 State St

      Restaurants • 82,626 SF
      2610 State St, Olean, NY 14760
      View Details
    • Contact for pricing

      Freestanding Building Near University

      20,000 SF building near St. Bonaventure University.
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      View Details
    • Contact for pricing
      4,140 SF

      Olean Office Space For Rent

      Office space available near Olean General Hospital and I-86.
      901 Wayne St, Olean, NY 14760
      View Details
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    2416 Constitution Ave
    Olean, NY 14760-1840
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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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