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    Property profile & analytics

    320 Main St Jamestown, NY 14701-5109

    • Investment properties
    • 4,080 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimations
    $275,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1338983
    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

    • Patient's Pharmacy, Inc. / Pharmacy

    Property Details for 320 Main St

    Year built
    1947
    Lot size
    0.10 lot acres
    Property size
    4,080 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    060800 387.40-2-21
    APU
    6080038740221

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $260,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $450,000
      6.5%
      $415,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $309,000
      Market price range: $150k - $459k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.2411
    Latitude
    42.0971
    CBSA code
    27460
    CBSA name
    JAMESTOWN-DUNKIRK-FREDONIA, 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
    2020
    $2,391
    $8,400
    $76,600
    $85,000
    -
    $11,507
    $104,931
    $116,438

    Comparable in this City

    • Value Estimation
      $235,000
      2,044 SF

      412 Lafayette St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,044 SF
      412 Lafayette St, Jamestown, NY 14701-4951
      View Details
    • Value Estimation
      $260,000
      2,332 SF

      226 Fairmount Ave, Unit 30

      OFFICE/RESIDENTIAL (MIXED USE) • 2,332 SF
      226 Fairmount Ave, Jamestown, NY 14701-2803
      View Details
    • Value Estimation
      $260,000
      2,850 SF

      8 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,850 SF
      8 2nd St, Jamestown, NY 14701-5280
      View Details
    • Value Estimation
      $250,000
      924 SF

      1035 3rd St

      OFFICE/RESIDENTIAL (MIXED USE) • 924 SF
      1035 3rd St, Jamestown, NY 14701
      View Details
    • Value Estimation
      $250,000
      1,902 SF

      311 4th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,902 SF
      311 4th St, Jamestown, NY 14701-4988
      View Details
    • Value Estimation
      $260,000
      1,255 SF

      16 6th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,255 SF
      16 6th St, Jamestown, NY 14701
      View Details

    Similar Nearby for Sale

    • $89,900
      1,812 SF

      Jamestown Two-Family Home For Sale

      Two-family home in Jamestown, NY, with solid rental income.
      13 Charles St, Jamestown, NY 14701
      View Details
    • $179,000
      3,083 SF

      Mixed-Use Property with Income Potential

      Mixed-use property featuring commercial units and apartments with income potential.
      707 N Main St, Jamestown, NY 14701
      View Details
    • $54,900

      Mixed-Use Building with Commercial Space

      Mixed-use building featuring commercial space and an upstairs apartment.
      121 Willard St, Jamestown, NY 14701
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    • $49,900
      Pending

      Jamestown Multifamily Investment Opportunity

      Multifamily property in Jamestown, NY with strong investment potential.
      35 Baker Street Ext, Jamestown, NY 14701
      View Details
    • $150,000
      3,083 SF

      Jamestown Mixed-Use Investment Opportunity

      Mixed-use property with commercial and residential units, generating rental income.
      707-709 N Main St, Jamestown, NY 14701
      View Details
    • $345,000
      7.25 Acres

      Jamestown Commercial Property with Income

      7-acre commercial property with flex building and development potential.
      2200 Foote Avenue Ext, Jamestown, NY 14701
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      40,973 SF

      Fairmount Avenue Plaza Retail Space

      Jamestown Retail Center: High Traffic, Mixed-Use
      707 Fairmount Ave, Ellicott, NY 14701
      View Details
    • Contact for pricing
      3,192 SF

      Class A Office Space Available

      Downtown Jamestown Class A office building with customizable spaces.
      201 W 3Rd St, Jamestown, NY 14701
      View Details
    • $6 SF/Yr
      1,191 SF

      Jamestown Office Space For Rent

      Office space available for lease in Jamestown, New York.
      310 E 3Rd St, Jamestown, NY 14701
      View Details
    • $6 SF/Yr
      4,940 SF

      Remodeled Office Space in Jamestown

      Newly remodeled office space featuring ample parking and a break room.
      15 Tiffany Ave, Jamestown, NY 14701
      View Details
    • $2,500 /Mo
      8,902 SF

      Mixed-Use Space by the River

      Office and warehouse space with river frontage in Jamestown, NY.
      145 Fairmount Ave, Jamestown, NY 14701
      View Details
    • $13 SF/Yr
      3,623 SF

      Jamestown Office Building For Sale

      Historic Jamestown office, 3,623 sq ft.
      405 3Rd St, Jamestown, NY 14701
      View Details
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    320 Main St
    Jamestown, NY 14701-5109
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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