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Property profile & analytics
OFF-MARKET
Estimated value
$3,295,000
Hotels
2800 Main St Ext, Jamestown, NY 14701-9124
Entity Owned
21-yr Hold
Free & Clear
Property ID
US63-6224370
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1985
Total area
38,885 SF
Lot
3.4 ac (148,104 SF)
Zoning code
05 - COMMERCIAL
APN
063889 370.00-1-14
UPID
US63-6224370
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
-
Clarion Pointe Jamestown - Falconer Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.32M
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$3.30M
Owner & transaction history
Anchor Hotels LLC · 21 yrs held
Anchor Hotels LLC
since 2005
2 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Jamestown, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.0M
+148.0%
Auto repair, garage
$3.4M
+68.4%
Commercial (general)
$2.9M
+42.5%
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 Jamestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jamestown 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,595,000
6.5%
$3,320,000
7%
$3,080,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,005,000
Current use
RESTAURANT
$4,970,000
Change: +148% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,375,000
Change: +68% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,855,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$2,775,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$2,470,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,110,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$3.30M
Range $2.97M – $3.62M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$85 / 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
$3,500,000
Assessed 2023
Previous assessed
$3,500,000
+0.0% YoY
Assessed land
$185,000
Assessed improvement
$3,315,000
Land market value
$217,645
Improvement market value
$3,899,955
Total market value
$4,117,600
Applied tax rate
63,801.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
38,885 SF
Lot
3.4 ac (148,104 SF)
Zoning code
05 - COMMERCIAL
APN
063889 370.00-1-14
UPID
US63-6224370
Jurisdiction
CHAUTAUQUA
Zoning & alternative use
05 - COMMERCIAL · Jamestown, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Jamestown, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jamestown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.0M
RESTAURANT
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.1M
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
3.4 ac
Current owner
From public records · entity-resolved
Anchor Hotels LLC
Entity
Free & Clear · 21 yrs held
Mailing address
2800 N MAIN ST EXT, JAMESTOWN, NY 14701-9124
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2019
—
Jamestown Hotel LLC
—
Deed
related
$4,150,000 · Poppy Bank
Jun 30, 2005
$6,250,000
Anchor Hotels LLC
Hh Properties I LLC
Deed
—
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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