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Property profile & analytics
OFF-MARKET
Commercial land
285 Church St, Hannibal, NY 13074-3151
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-6242693
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1930
Total area
3,816 SF
Lot
11.54 ac (502,682 SF)
Zoning code
AR
APN
353001 232.15-01-24.1
UPID
US63-6242693
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wellhouse Ministries INC · 1 yrs held
Wellhouse Ministries INC
since 2024
Last sale
$37,000
4 recorded transactions
Zoning & alternative use
AR · Hannibal, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hannibal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hannibal 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
—
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
Property tax & assessments
Assessed value
$28,000
Assessed 2023
Previous assessed
$39,000
-28.2% YoY
Assessed land
$28,000
Land market value
$41,791
Total market value
$41,791
Applied tax rate
353,001.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1930
Heating
NONE
Stories
1
Total area
3,816 SF
Lot
11.54 ac (502,682 SF)
Zoning code
AR
APN
353001 232.15-01-24.1
UPID
US63-6242693
Jurisdiction
OSWEGO
Zoning & alternative use
AR · Hannibal, NY
Zoning AR · permitted uses
AR · Hannibal, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hannibal. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
1
Lot
11.54 ac
Current owner
From public records · entity-resolved
Wellhouse Ministries INC
Entity
Free & Clear · 1 yrs held
Mailing address
44 E PO BOX 862ND ST, OSWEGO, NY 13126-0862
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2024
$37,000
Wellhouse Ministries INC
Oswego County Land Bank Corporation
Bargain And Sale Deed
—
Aug 6, 2013
$10,000
David K Frey
Treasurer Of Oswego County
Grant Deed
related
—
Apr 20, 2009
$7,660
Christopher H Osmun
Treasurer Of Oswego County
Grant Deed
—
Nov 17, 2004
$8,741
Th Concerns LLC
County Of Oswego
Warranty 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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