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Financial
Distress signals
Property profile

324 N Prospect St Herkimer, NY 13350

FOR LEASE
Banks
Property ID
US63-1239755
3,173 SF 0.38 ac lot Built 1974
Last sale Jul 2021 · $451,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a 3,173± square foot building on a 0.38-acre lot, configured with two drive-thru lanes and a walk-in vault suitable for secure storage. The finished basement is excluded from the stated square footage and includes a break room, restrooms, and additional storage space. The building is set up for use by a bank and may also be adapted for other office or retail configurations. Parking is available on-site, with additional on-street parking nearby. The property is zoned C-2, which permits multiple approved commercial uses.

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?
$23k
Tax billed · 2020
Assessed value · 2023$381k
Assessed land$31k
Assessed improvement$350k
Effective rate6.08%

Value estimate

· Oct 2026
$465k
$419k – $512k
AI approach$425k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3
JurisdictionHERKIMER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency10.5
HVAC Service10.3
Parking Facility9.4

Location

324 N Prospect St Herkimer, NY 13350
County assessor Recorded deeds · 2 transfers 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

1 recorded sale · 11 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
319 Main St, Herkimer, NY 13350-1840 $550,000 Dec 2023 No data
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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Why this one?
Saved
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