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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Medical Office Space
26 Cass St Westfield, NY 14787-1113
Entity Owned
Absentee Owner
Free & Clear
Property ID
US63-2388411
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1984
Total area
59,994 SF
Lot
5.6 ac (243,936 SF)
Zoning code
R-3
APN
067201 193.13-3-25
UPID
US63-2388411
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
-
Absolut Care of Westfield Nursing Home
-
Seung Choi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
CASS DEVELOPMENT CO
CASS DEVELOPMENT CO
Zoning & alternative use
R-3 · Westfield, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Multifamily (R-3) Districts are intended to enhance and protect the older residential areas while encouraging compatible new development on large vacant lots and permitting conversions of older homes into apartments where the location and lot size makes conversions compatible with the character of the neighborhood
Zone name
Multiple Residential
General category
RESIDENTIAL
Zone area
477.96 ac
Source
Realmo
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 Westfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westfield 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
$26 / SF
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
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$3,211,460
Assessed 2023
Previous assessed
$3,211,460
+0.0% YoY
Assessed land
$62,000
Assessed improvement
$3,149,460
Land market value
$104,202
Improvement market value
$5,293,210
Total market value
$5,397,412
Applied tax rate
67,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1984
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
59,994 SF
Lot
5.6 ac (243,936 SF)
Zoning code
R-3
APN
067201 193.13-3-25
UPID
US63-2388411
Jurisdiction
CHAUTAUQUA
Zoning & alternative use
R-3 · Westfield, NYZoning R-3 · permitted uses
R-3 · Westfield, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Multifamily (R-3) Districts are intended to enhance and protect the older residential areas while encouraging compatible new development on large vacant lots and permitting conversions of older homes into apartments where the location and lot size makes conversions compatible with the character of the neighborhood
Zone name
Multiple Residential
General category
RESIDENTIAL
Zone area
477.96 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
5.6 ac
Current owner
From public records · entity-resolved
CASS DEVELOPMENT CO
Individual
Free & Clear · 0 yrs held
Mailing address
491 DELAWARE AVE, BUFFALO, NY 14202-1303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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