Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$205,000
Investment properties
320 Canisteo St Hornell, NY 14843-1815
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3847855
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1972
Total area
4,760 SF
Lot
0.06 ac (2,772 SF)
Zoning code
B-1
APN
460600 166.06-07-010.000
UPID
US63-3847855
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
-
Integrated Organics Co (Bike/Boat/Book/etc) Store Grocery & Convenience Store
-
Venture Forthe Home Health Care Service
-
Good Boy Organics Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$205k
Owner & transaction history
Matthew S Testani · 7 yrs held
Matthew S Testani
since 2019
2 recorded transactions
Zoning & alternative use
B-1 · Hornell, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
h, safety, morals and general welfare of the community, the City of Hornell is hereby divided into the following types of districts: A. Residence districts as follows: R-1, R-2 and R-3. B. Business districts as follows: B-1 and B-2. C. Industrial districts as follows: I-1 and 1-2. § 315-5 Zoning Map. Said districts are bounded and defined as shown on a map e…
Zone name
Business District
General category
COMMERCIAL
Zone area
91.60 ac
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 Hornell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hornell 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
$275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$205k
Range $185k – $226k · ±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
$43 / 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
Property tax & assessments
Assessed value
$90,000
Assessed 2023
Previous assessed
$90,000
+0.0% YoY
Assessed land
$9,400
Assessed improvement
$80,600
Land market value
$9,895
Improvement market value
$84,842
Total market value
$94,737
Applied tax rate
460,600.0000
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
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1972
Heating
NONE
Buildings
1
Stories
2
Total area
4,760 SF
Lot
0.06 ac (2,772 SF)
Zoning code
B-1
APN
460600 166.06-07-010.000
UPID
US63-3847855
Jurisdiction
STEUBEN
Zoning & alternative use
B-1 · Hornell, NYZoning B-1 · permitted uses
B-1 · Hornell, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
h, safety, morals and general welfare of the community, the City of Hornell is hereby divided into the following types of districts: A. Residence districts as follows: R-1, R-2 and R-3. B. Business districts as follows: B-1 and B-2. C. Industrial districts as follows: I-1 and 1-2. § 315-5 Zoning Map. Said districts are bounded and defined as shown on a map entitled "Zoning Map, City of Hornell, New York," which, with all explanatory matter
Zone name
Business District
General category
COMMERCIAL
Zone area
91.60 ac
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
2
Buildings
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Matthew S Testani
Individual
Mailing address
7567 AIRPORT RD, HORNELL, NY 14843-9656
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jan 14, 2019
$60,000
Matthew S Testani
Continental Capital Ptnrs
Warranty Deed
$110,000 · Maple City Savings Bank Fsb
Oct 4, 2013
$29,000
Continental Capital Partn
Sonja Sweeney
Deed
$460,000 · Family Investors Group LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 320 Canisteo St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
