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    Property profile & analytics

    2731 State St Olean, NY 14760-1826

    • Grocery and convenience stores
    • 18,750 SF
    • 2.30 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-2301049
    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

    • ALDI / Supermarket / Grocery Store

    Property Details for 2731 State St

    Year built
    1997
    Lot size
    2.30 lot acres
    Property size
    18,750 SF
    Property type
    Grocery and convenience stores
    APN
    041200 94.062-2-37.3
    APU
    41200940622373

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4623
    Latitude
    42.0764
    CBSA code
    36460
    CBSA name
    OLEAN, NY MICROPOLITAN 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
    0
    $0.00
    $230,000
    $1,600,000
    $1,830,000
    -
    $294,872
    $2,051,282
    $2,346,154

    Comparable in this City

    • Value Estimation by Request
      2,248 SF

      1425 Olean-Portville Rd

      Individual retail properties • 2,248 SF
      1425 Olean-Portville Rd, Olean, NY 14760
      View Details
    • Value Estimation by Request
      26,348 SF

      111 Grn St

      GROCERY, SUPERMARKET • 26,348 SF
      111 Grn St, Olean, NY 14760-3641
      View Details
    • Value Estimation
      $740,000
      10,795 SF

      1322 State St

      GROCERY, SUPERMARKET • 10,795 SF
      1322 State St, Olean, NY 14760-2036
      View Details
    • Value Estimation by Request
      117,634 SF

      2501 State St, Unit 11

      GROCERY, SUPERMARKET • 117,634 SF
      2501 State St, Olean, NY 14760-1822
      View Details
    • Value Estimation
      $360,000
      16,660 SF

      1014 Frnt St

      GROCERY, SUPERMARKET • 16,660 SF
      1014 Frnt St, Olean, NY 14760-1723
      View Details
    • Value Estimation by Request
      1,440 SF

      3505 Rte 16th N

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      3505 Rte 16th N, Olean, NY 14760
      View Details

    Similar Nearby for Sale

    • $1,488,100
      11,440 SF

      NNN Leased Dollar General Investment

      Absolute NNN leased Dollar General in Olean, NY for sale.
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    • $169,900

      Mixed-Use Building with Rental Income

      Six-unit commercial/residential building with high visibility and rental income.
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      High Visibility Retail Store Location

      Retail showroom/office with over 7,000 sq ft.
      1472 Portville-Olean Rd, Olean, NY 14760
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    • $499,900
      15,320 SF

      Olean Commercial Property For Sale

      15,000+ sq ft commercial building on 0.57 acres in Olean.
      417 W State St, Olean, NY 14760
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    • $1,488,100
      11,440 SF

      Olean Retail Property For Sale

      NNN retail property with corporate guaranty in Olean, NY.
      1316-1322 W State St, Olean, NY 14760
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    • $129,000

      Retail Opportunity on Olean-Portville Road

      Established retail property with high visibility and business potential.
      1425 Olean-Portville Rd, Olean, NY 14760
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Regional Mall Retail Space Available

      Retail spaces available in regional mall with high traffic.
      400 North Union Street Ext, Olean, NY 14760
      View Details
    • $8,000 /Mo
      8,232 SF

      Event-Ready Commercial Space in Olean

      8,234 sq ft commercial space ideal for events and fitness.
      800 E State Events St, Olean, NY 14760
      View Details
    • Contact for pricing

      Freestanding Building Near University

      20,000 SF building near St. Bonaventure University.
      W State St & U.S 3099, Olean, NY 14760
      View Details
    • $16 SF/Yr

      Retail Space in Walmart Plaza

      Retail space available within a high-traffic shopping center.
      3142 West State St, Olean, NY 14760
      View Details
    • $325,000
      5,796 SF

      Versatile Commercial Property, Olean, NY

      High-visibility commercial property with garage, loading dock, and ample parking.
      431 S Union St, Olean, NY 14760
      View Details
    • Contact for pricing
      82,626 SF

      2610 State St

      Restaurants • 82,626 SF
      2610 State St, Olean, NY 14760
      View Details

    Property Visit Statistics

    • Visits by month
      31.9k
    • Visitors by month
      23.3k
    • Avg Time on site
      26 min
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    2731 State St
    Olean, NY 14760-1826
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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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