3312 Main St Horseheads, NY 14845-3404
Property Lookup
Property profile & analytics
3312 Main St Horseheads, NY 14845-3404
- Investment properties
- 7,800 SF
- 1.10 lot acres
Property ID
US63-1898024
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.
Location Intelligence
Current Use by Public Records
- Community Gifted Goods 2 / (Bike/Boat/Book/etc) Store
- LibertyX Bitcoin ATM / Atm
- Dynamic Ceramics plus / (Bike/Boat/Book/etc) Store
- COLOR MY WORLD / Training Center
Property Details for 3312 Main St
- Year built
- 1969
- Lot size
- 1.10 lot acres
- Property size
- 7,800 SF
- Zone code
- VH02
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 073401 59.18-2-33
- APU
- 734015918233
Description
This exceptional commercial property, located at 3312 S Main St, Horseheads, NY 14845, presents a compelling value-add investment opportunity. The 7,800 square foot building, constructed in 1969, sits on a 1.1-acre lot and boasts 100% occupancy with two tenants under a gross lease agreement commencing January 1, 2024, and expiring December 31, 2025. Generating a Net Operating Income (NOI) of $3,500 per month, this property offers a 1.17% cap rate. The property is zoned commercial and features a mix of distribution, storefront, and warehouse space. The main building has 400 amp electrical service, one loading dock, and eight dock-high doors (though two have been removed). The ceiling height is 9 feet, and the interior layout is adaptable to various uses. An additional outbuilding with 100 amp service is located in the rear parking lot, offering potential for expansion or additional income streams. The property is conveniently situated directly off I-86 in a high-traffic area, providing excellent visibility and accessibility. Ample parking is available with 77+ spaces. Air rights encompass the entire 7,800 square feet. This property is a rare find, offering significant potential for future growth and income generation.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Horseheads
- County
- Chemung
- State
- New York
- Longitude
- -76.8144
- Latitude
- 42.1543
- CBSA code
- 21300
- CBSA name
- ELMIRA, NY METROPOLITAN 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
$11,046
$170,000
$105,000
$275,000
-
$171,717
$106,061
$277,778
