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Financial
Distress signals
Property profile

243 S Main St Albion, NY 14411

FOR SALE
Office buildings
Property ID
US63-5149522
58,531 SF 4.12 ac lot Built 1970
Last sale Jan 2015 · $220,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Arnold Gregory Complex was originally built in 1957 as a hospital and is configured as a two-story facility with approximately 60,000 square feet of combined medical and office space. The building supports a multi-tenant layout and includes abundant natural light along both sides of a central corridor. The property provides ample on-site parking and is zoned to allow flexibility for potential adaptive reuse, including conversion consideration into residential units. The current configuration functions as a multi-tenant office building with medical and office tenants.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$45k
Tax billed · 2020
Assessed value · 2023$590k
Assessed land$125k
Assessed improvement$465k
Effective rate7.70%

Value estimate

· Oct 2026
$810k
$729k – $891k
AI approach$810k
Submarket $/SF estimate$1.49M
NOI build-up
Gross scheduled income$1.26M
Vacancy & credit loss−$126k
Operating expenses−$427k
NOI · 94.82% cap applied$711k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
94.82%
$711k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
07 - MIXED
JurisdictionORLEANS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency11.8
Law Firm10.2
Electrical Service10.0

Location

243 S Main St Albion, NY 14411
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
438 Ww, Albion, NY 14411-1525 $150,000 Feb 2023 6,695 SF
362 Main, Albion, NY 14411-1603 $297,050 Aug 2021 3,904 SF
231 Ee, Albion, NY 14411-1616 $1,450,000 Apr 2020 128,092 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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