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Property profile & analytics
OFF-MARKET
Investment properties
318 Hebner St Jamestown, NY 14701-7241
Individually Owned
20-yr Hold
Free & Clear
Property ID
US63-1670945
Property summary
AI-generated overview
This 1,764 sq ft commercial building at 318 Hebner St, Jamestown, NY, presents a fantastic investment opportunity. Currently operating as a pizza shop, its versatile layout offers diverse possibilities. Imagine a cozy coffee shop, a bustling cafe, a convenient neighborhood grocery, or a popular sub shop. Alternatively, conversion to a single-family home is also feasible. The property boasts a spacious walk-in cooler and a dining area with seating for approximately 30 patrons. Extensive renovations in 2017/2018 included new vinyl siding, a new roof, fresh drywall, and the addition of a public restroom. The property includes two lots, opening up the potential for outdoor seating, and a parking lot accommodating 7-8 vehicles. The asking price of $91,500 encompasses both the building and the land. Don't miss this chance to acquire a well-maintained, adaptable commercial property in a desirable location. This could be the perfect fit for your entrepreneurial vision.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1946
Total area
1,764 SF
Lot
0.13 ac (5,750 SF)
APN
060800 387.16-8-1
UPID
US63-1670945
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
-
Elmo's pizza In Jamestown,NY Restaurant
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
W Jeffrey · 20 yrs held
W Jeffrey
since 2006
1 recorded transaction
Zoning & alternative use
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 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
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
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$1,643
Tax year 2020
Assessed value
$51,000
Assessed 2023
Previous assessed
$51,000
+0.0% YoY
Effective rate
3.22%
On assessed value
Assessed land
$9,200
Assessed improvement
$41,800
Land market value
$12,603
Improvement market value
$57,260
Total market value
$69,863
Applied tax rate
60,800.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1946
Heating
NONE
Buildings
1
Stories
1
Total area
1,764 SF
Lot
0.13 ac (5,750 SF)
APN
060800 387.16-8-1
UPID
US63-1670945
Jurisdiction
CHAUTAUQUA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Stories
1
Buildings
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
W Jeffrey
Individual
Free & Clear · 20 yrs held
Mailing address
318 HEBNER ST, JAMESTOWN, NY 14701-7241
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2006
$55,000
W Jeffrey
P Maria T De Joy Vincent
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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