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    Property profile & analytics

    2616 Broadway Wellsburg, NY 14894-9737

    • Investment properties
    • 6,000 SF
    • 17.40 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 10, 2023
    Location Intelligence
    Property ID
    US63-0083272
    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

    • Investment properties

    Property Details for 2616 Broadway

    Year built
    1995
    Lot size
    17.40 lot acres
    Property size
    6,000 SF
    Zone code
    02 - SINGLE RESIDENCE
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    072089 129.00-1-6
    APU
    720891290016

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wellsburg
    County
    Chemung
    State
    New York
    Longitude
    -76.798
    Latitude
    42.0218
    CBSA code
    21300
    CBSA name
    ELMIRA, NY METROPOLITAN 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
    2020
    $0.00
    $550
    $837
    $1,387
    -
    $48,672
    $74,071
    $122,743

    Comparable in this City

    • Value Estimation by Request
      17,608 SF

      3677 5th St

      STORE/OFFICE (MIXED USE) • 17,608 SF
      3677 5th St, Wellsburg, NY 14894
      View Details
    • Value Estimation by Request
      1,920 SF

      9 Main St

      STORE/OFFICE (MIXED USE) • 1,920 SF
      9 Main St, Wellsburg, NY 14894
      View Details
    • Value Estimation by Request
      1,792 SF

      3618 Comfort Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,792 SF
      3618 Comfort Hl Rd, Wellsburg, NY 14894
      View Details
    • Value Estimation by Request
      2,660 SF

      3685 Frnt St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,660 SF
      3685 Frnt St, Wellsburg, NY 14894-9998
      View Details
    • Value Estimation by Request
      2,288 SF

      3509 Comfort Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,288 SF
      3509 Comfort Hl Rd, Wellsburg, NY 14894-9745
      View Details
    • Value Estimation by Request
      2,660 SF

      3683 Front St Sta, Unit A

      OFFICE/RESIDENTIAL (MIXED USE) • 2,660 SF
      3683 Front St Sta, Wellsburg, NY 14894-9998
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.28 Acres

      Land with Utilities in Wellsburg

      Residential lot with utilities, well, septic, and shed available.
      284 Berwick Tpke, Wellsburg, NY 14894
      View Details
    • $35,000

      6.9 Acres of Recreational Land

      6.9-acre lot with creek, ideal for outdoor activities.
      2860 Merriam Rd, Wellsburg, NY 14894
      View Details
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    2616 Broadway
    Wellsburg, NY 14894-9737
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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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