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Financial
Distress signals
Property profile

300 Watkins Rd Horseheads, NY 14845

FOR SALE
Turn key restaurants
Property ID
US63-4076402
2,144 SF 0.55 ac lot Built 1990
Last sale May 2014 · $96,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is configured as a restaurant space in Horseheads, with interior features and layout intended to support full-service food service, including breakfast and lunch operations and the preparation or serving of homemade desserts. The space is set up to accommodate a dining experience, with an atmosphere suitable for customer seating and service.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$2k
Tax billed · 2020
Assessed value · 2023$162k
Assessed land$94k
Assessed improvement$68k
Effective rate1.01%

Value estimate

· Oct 2026
$270k
$243k – $297k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 4.82% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$30 – $103

Cap rate analysis

How does the asset earn?
4.82%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
VH07
JurisdictionCHEMUNG

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand index
Electrical Service9.7
HVAC Service9.2
Plumbing Service9.1

Location

300 Watkins Rd Horseheads, NY 14845
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
203 Franklin, Horseheads, NY 14845-2438 $400,000 Sep 2024 1,800 SF
49 Level Acres, Horseheads, NY 14845-1782 $94,000 Jan 2024 2,340 SF
2081 Lesky, Horseheads, NY 14845 $75,000 Aug 2023 1,440 SF
2122 Grand Central, Horseheads, NY 14845-8260 $1,914,530 May 2023 2,146 SF
309 Main, Horseheads, NY 14845-2451 $475,000 Nov 2019 2,776 SF
2152 Grand Central, Horseheads, NY 14845-8260 $3,563,466 May 2019 3,432 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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