Realmo Analytics

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Financial
Distress signals
Property profile

340 S Work St Falconer, NY 14733

FOR SALE
Other warehouses
Property ID
US63-1859076
36,969 SF 1.3 ac lot Built 1930
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 37,000-square-foot commercial building with three floors, historically used for storage. The interior layout is configured with open floor plans that can support warehousing and light manufacturing uses, with potential for mixed-use redevelopment or repurposing. The building includes railroad access and a freight elevator to facilitate loading and material movement, and it is situated in an area with logistical transportation access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$125k
Assessed land$29k
Assessed improvement$96k

Value estimate

· Oct 2026
$545k
$491k – $600k
AI approach$505k
Submarket $/SF estimate$534k
NOI build-up
Gross scheduled income$350k
Vacancy & credit loss−$24k
Operating expenses−$98k
NOI · 240.68% cap applied$229k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$22/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$14 – $34

Cap rate analysis

How does the asset earn?
240.68%
$229k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
06 - INDUSTRIAL
JurisdictionCHAUTAUQUA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.0
Law Firm13.8
Dental Office13.2

Location

340 S Work St Falconer, NY 14733
County assessor Recorded deeds · not on file 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

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
421-423 Main, Falconer, NY 14733 $110,000 Nov 2024 15,557 SF
1853 Delaware, Falconer, NY 14733-1762 $1,100,000 Sep 2023 44,772 SF
2155 Allen St, Falconer, NY 14733-1704 $2,100,000 Jun 2023 82,119 SF
2072 Allen St, Falconer, NY 14733-1709 $3,400,000 Dec 2022 50,050 SF
2663 3rd, Falconer, NY 14733-1748 $410,000 Jun 2021 8,776 SF
2138 Allen St, Falconer, NY 14733-1703 $400,000 May 2019 14,396 SF
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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