Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
244 Main St Wellsville, NY 14895-1046
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-2475916
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1890
Total area
1,899 SF
Lot
0.16 ac (6,970 SF)
Zoning code
03 - MULTI-FAMILY
APN
027001 238.8-1-86
UPID
US63-2475916
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Shane & Firkel, PC Attorney at Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Eric M Firkel · 1 yrs held
Eric M Firkel
since 2025
Last sale
$170,000
6 recorded transactions
Zoning & alternative use
03 - MULTI-FAMILY · Wellsville, NY
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wellsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wellsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$100,400
Assessed 2023
Previous assessed
$100,400
+0.0% YoY
Assessed land
$6,400
Assessed improvement
$94,000
Land market value
$8,886
Improvement market value
$130,514
Total market value
$139,400
Applied tax rate
27,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1890
Heating
YES
Stories
2
Bathrooms
1
Total area
1,899 SF
Lot
0.16 ac (6,970 SF)
Zoning code
03 - MULTI-FAMILY
APN
027001 238.8-1-86
UPID
US63-2475916
Jurisdiction
ALLEGANY
Zoning & alternative use
03 - MULTI-FAMILY · Wellsville, NYZoning 03 - MULTI-FAMILY · permitted uses
03 - MULTI-FAMILY · Wellsville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Village of Wellsville, NY
Building & site characteristics
From public records
Year built
1890
Heating
YES
Stories
2
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Eric M Firkel
Individual
Mailing address
757 E STATE ST, OLEAN, NY 14760-3801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2025
$188,000
Eric M Firkel
William K Larson
Warranty Deed
$188,000 · Hamlin Bank & Trust Company
Sep 9, 2024
$170,000
William K Larson
Firkel Ltd
Warranty Deed
—
Jan 13, 2023
—
Firkel Ltd
—
Deed
related
$1,575,200 · Juniata Valley Bank
Sep 20, 2021
$160,000
Firkel Ltd
Duke House Tea Rm&b LLC
Warranty Deed
$80,000 · Hamlin Bank & Trust Company
Dec 9, 2015
—
Duke Hse Tea Room & Bakery LLC
Meyers,nancy J
Warranty Deed
related
—
Feb 26, 2013
$37,000
Nancy J Meyers
Duke,celia E
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 244 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
