Property profile

28 Prt Watson St 34 Cortland, NY 13045

OFF-MARKET
Motels
Property ID
US63-3316903
13,794 SF 0.5 ac lot Built 1968
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1968
Total area 13,794 SF
Lot 0.5 ac (21,576 SF)
Zoning code 05 - COMMERCIAL
APN 110200 86.66-02-10.000
UPID US63-3316903

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

28 Prt Watson St, Unit 34 Cortland, NY 13045-2607
Cortland metro Census 970600 CORTLAND, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2014
5 recorded transactions
2014
$600,000
2009
$330,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Cortland, 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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