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Property profile & analytics

3031 Nys Rte 417 Olean, NY 14760-1832

  • Investment properties
  • 1,120 SF
  • 0.16 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US63-3397653
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

  • Investment properties

Property Details for 3031 Nys Rte 417

Year built
1949
Lot size
0.16 lot acres
Property size
1,120 SF
Zone code
C2
Property type
Investment properties
Property subtype
Live-work space
APN
042089 94.062-1-19
APU
4208994062119

Description

This exceptional 1,120 square foot commercial property, situated at 3031 Nys Route 417 in Olean, NY, presents a compelling investment opportunity. The property sits on a 0.16-acre lot and enjoys a highly desirable location, within one block of major commercial anchors such as Walmart, Home Depot, BJ's Wholesale Club, Tim Horton's, Applebee's, and Aspen Dental. The presence of these established national chains, coupled with the ongoing construction of new national retailers in the immediate vicinity, ensures high visibility and significant foot traffic. This translates to strong potential for rental income or owner-occupancy. The strategic positioning offers unparalleled access to a substantial consumer base. Furthermore, the property benefits from its proximity to two neighboring properties, which collectively encompass over an acre of land, with one being a highly sought-after corner lot. This provides additional development potential and enhances the overall value proposition. The asking price for this property is $229,900. This is a rare opportunity to acquire a well-situated commercial property in a thriving retail corridor. Don't miss out on this chance to secure a prime piece of Olean real estate. Serious inquiries are encouraged.

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
-78.4653
Latitude
42.0766
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
$4,200
$79,400
$83,600
-
$5,915
$111,831
$117,746
More about this property
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