Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    325 N Division St, NY

    • Research & development properties
    • 97.70 lot acres
    OFF-MARKET
    Value Estimations
    $230,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2211187
    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

    • Isalis / Gift Shop / Boutique
    • Party City / Balloon Store / Candy Store
    • Skunk Funk / Clothing Store / Corporate Campus
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 325 N

    Lot size
    97.70 lot acres
    Zone code
    I2
    Property type
    Research & development properties
    APN
    050100 108.49-1-1
    APU
    501001084911

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $230,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Division St
    County
    Cayuga
    State
    New York
    Longitude
    -76.5959
    Latitude
    42.9555
    CBSA code
    12180
    CBSA name
    AUBURN, 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
    2023
    $0.00
    $601,000
    $82,000
    $683,000
    -
    $626,041
    $85,417
    $711,458

    Comparable in this City

    • Value Estimation
      $215,000
      0.07 Acres

      Niag Falls

      WASTE DISPOSAL, SEWAGE • 0.07 Acres
      Niag Falls, Blvd, NY
      View Details
    • Value Estimation
      $235,000
      73.30 Acres

      Rt 374, NY

      WASTE DISPOSAL, SEWAGE • 73.30 Acres
      4353, Rt 374, NY
      View Details
    • Value Estimation by Request

      Sewer Pipe Lines, NY

      WASTE DISPOSAL, SEWAGE
      Sewer Pipe Lines, NY
      View Details
    • Value Estimation
      $215,000
      4.70 Acres

      Nys Rte

      DUMP SITE • 4.70 Acres
      Nys Rte, 12e, NY
      View Details
    • Value Estimation
      $220,000
      9.13 Acres

      Thomas Ave, NY

      DUMP SITE • 9.13 Acres
      Thomas Ave, NY
      View Details
    • Value Estimation
      $265,000
      1,128 SF

      7th N

      WASTE DISPOSAL, SEWAGE • 1,128 SF
      7th N, St, NY
      View Details

    Similar Nearby for Sale

    • $369,900
      Pending

      Industrial Land Development Opportunity

      3-acre industrial-zoned lot approved for warehouse/storage units.
      NY
      View Details
    • $4,500,000
      20,000 SF

      Freestanding Building For Sale/Lease

      Two-story, on-grade building suitable for wholesale, retail, and distribution.
      919 St W, Pelham, NY
      View Details
    • $599,000
      2,200 SF

      Visible Warehouse on High-Traffic Road

      Warehouse on 6.44 acres, highly visible from Interstate 390.
      64476 Ny-415, Wayland, NY
      View Details
    • $2,200,000
      19,000 SF

      19,000 SF Warehouse For Sale

      19,000 SF warehouse with high visibility and ample parking.
      3160 Un Rd, Cheektowaga, NY
      View Details
    • $400,000
      0.34 Acres

      Deposit NY Commercial Property

      Mixed-Use Commercial & Residential Opportunity
      82, Deposit, NY
      View Details
    • $679,000
      7,675 SF

      Versatile Ulster Park Commercial Property

      Two buildings on 0.93 acres, ideal for commercial/industrial uses.
      1690 Ny-213, Ulster Park, NY
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      6,884 SF

      Jamaica Avenue Warehouse Space Available

      Warehouse space with loading docks and parking in Queens.
      184-10 Jamaica Ave, Queens, NY
      View Details
    • Contact for pricing
      85,787 SF

      Henrietta Distribution Facility with Parking

      Distribution facility with ample parking and easy highway access.
      330 Clay Rd, Henrietta, NY
      View Details
    • Contact for pricing
      17,000 SF

      Arcade Manufacturing/Industrial Space Available

      Manufacturing and light industrial space with expansion potential.
      7426 Tanner Pkwy, Arcade, NY
      View Details
    • $8 SF/Yr
      54,000 SF

      New Construction Warehouse Space

      54,000 SF warehouse with dock and drive-in doors.
      120 Park Dr, Fultonville, NY
      View Details
    • Contact for pricing
      8,000 SF

      Patterson Warehouse Space For Rent

      8,000 sq ft warehouse with easy highway access.
      35 Commerce Dr, Patterson, NY
      View Details
    • $2,500 /Mo
      3,661 SF

      Selkirk Flex Space Available

      Flex space with parking, office, and dock height ramp.
      1521 Rte, Selkirk, NY
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    325 N
    Division St, NY
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.