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Property profile & analytics
FOR SALE
Turn key restaurants
3328 Route 394 Ashville, NY 14710
Trust Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-3277045
For Sale
1 / 42
$369,000
3328 Route 394, Ashville, NY 14710
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Total area
4,085 SF
Lot
1.1 ac (47,916 SF)
Zoning code
05 - COMMERCIAL
APN
065400 332.20-1-73
UPID
US63-3277045
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gladys Carlson Trust · 14 yrs held
Gladys Carlson Trust
since 2011
3 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Ashville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Ashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$114,600
Assessed 2023
Previous assessed
$114,600
+0.0% YoY
Assessed land
$20,800
Assessed improvement
$93,800
Land market value
$31,273
Improvement market value
$141,027
Total market value
$172,300
Applied tax rate
62,803.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1950
Heating
NONE
Buildings
1
Stories
2
Total area
4,085 SF
Lot
1.1 ac (47,916 SF)
Zoning code
05 - COMMERCIAL
APN
065400 332.20-1-73
UPID
US63-3277045
Jurisdiction
CHAUTAUQUA
Zoning & alternative use
05 - COMMERCIAL · Ashville, NYZoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Ashville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
2
Buildings
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Gladys Carlson Trust
Trust
Free & Clear · 14 yrs held
Mailing address
5237 CASSELMAN RD, DEWITTVILLE, NY 14728-9706
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2011
$125,000
Gladys Carlson Trust
Mark Juliano
Deed
—
Aug 24, 2010
$100,000
Mark Juliano
Mat Properties
Deed
—
Dec 29, 2008
$140,000
Mat Properties
Allen Chan
Deed
—
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?”
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