Technical
Financial
Distress signals
Property profile

248 Main St 50 Herkimer, NY 13350

OFF-MARKET
Commercial real estate
Property ID
US63-4896872
24,080 SF 0.31 ac lot Built 1910
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1910
Total area 24,080 SF
Lot 0.31 ac (13,419 SF)
Zoning code C3
APN 213001 120.25-2-8
UPID US63-4896872

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

248 Main St, Unit 50 Herkimer, NY 13350-1969
Herkimer metro Census 11200 UTICA-ROME, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$582k
Blend (final) Blend
$710k

Owner & transaction history

since 2013
Last sale
$25,000
2 recorded transactions
2013
$1,000
2012
$30,000

Zoning & alternative use

C3 · Herkimer, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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