Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    355 Elmira Rd Ithaca, NY 14850-5103

    • Turn key restaurants
    • 7,020 SF
    • 1.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3149976
    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

    • Top 5 Rated / Used Car Dealer

    Property Details for 355 Elmira Rd

    Year built
    1988
    Lot size
    1.62 lot acres
    Property size
    7,020 SF
    Zone code
    SW-2
    Property type
    Turn key restaurants
    APN
    500700 129.-1-1
    APU
    50070012911

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.5153
    Latitude
    42.423
    CBSA code
    27060
    CBSA name
    ITHACA, 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
    2023
    $0.00
    $650,000
    $325,000
    $975,000
    -
    $650,000
    $325,000
    $975,000

    Comparable in this City

    • Value Estimation by Request
      10,561 SF

      408 Mdw St

      RESTAURANT • 10,561 SF
      408 Mdw St, Ithaca, NY 14850
      View Details
    • Value Estimation by Request
      4,565 SF

      205 Elmira Rd

      RESTAURANT • 4,565 SF
      205 Elmira Rd, Ithaca, NY 14850-5301
      View Details
    • Value Estimation
      $275,000
      1,369 SF

      503 Mdw St

      RESTAURANT • 1,369 SF
      503 Mdw St, Ithaca, NY 14850-3228
      View Details
    • Value Estimation by Request
      5,032 SF

      708 Buffalo St

      RESTAURANT • 5,032 SF
      708 Buffalo St, Ithaca, NY 14850-3320
      View Details
    • Value Estimation by Request
      8,200 SF

      725 Mdw St

      RESTAURANT • 8,200 SF
      725 Mdw St, Ithaca, NY 14850
      View Details
    • Value Estimation
      $90,000
      1,320 SF

      209 Pier Rd

      RESTAURANT • 1,320 SF
      209 Pier Rd, Ithaca, NY 14850
      View Details

    Similar Nearby for Sale

    • $3,495,000
      3,318 SF

      Ithaca Retail Investment Opportunity

      High-Traffic Convenience Store & Gas Station
      600 Fulton St, Ithaca, NY 14850
      View Details
    • New
      $2,000,000
      10,193 SF

      Prime Ithaca Commercial Corner Property

      Fully leased commercial property in Ithaca's desirable Fall Creek neighborhood.
      1201-15 N Tioga St, Ithaca, NY 14850
      View Details
    • $150,000
      2,000 SF

      Restaurant/Coffee Shop on Ithaca Commons

      Fully equipped restaurant/coffee shop in excellent Ithaca Commons location.
      146 State St East, Ithaca, NY 14850
      View Details
    • $1,097,000
      13,180 SF

      Turn-Key Banquet & Event Center

      Banquet and event center on 7.95+/- acres near Ithaca.
      2331 Slaterville Rd, Ithaca, NY 14850
      View Details
    • Contact for pricing
      11,000 SF

      Ithaca Retail Redevelopment Opportunity

      Big box spaces, prime Ithaca location.
      40 Catherwood Rd, Ithaca, NY 14850
      View Details
    • $995,000
      6,488 SF

      Ithaca Event Center - $995K

      Prime Event Venue, 6,488 SF, 12 Acres
      1636 Shore Dr, Ithaca, NY 14850
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      2,064 SF

      Ithaca Office Space For Lease

      Fall Creek, 2,064 sq ft, 15 parking
      920 Cayuga St, Ithaca, NY 14850
      View Details
    • $23 SF/Yr
      43,336 SF

      Harolds Square: Ithaca Office Space

      Prime Ithaca location, flexible office suites.
      125 State St, Ithaca, NY 14850
      View Details
    • $15 SF/Yr
      4,400 SF

      Prime Commercial Space For Lease

      4400 SF commercial space in Ithaca's North End Business District.
      15 Catherwood Rd, Ithaca, NY 14850
      View Details
    • $15 SF/Yr
      158,959 SF

      Community Shopping Center Retail Space

      Retail space in a community shopping center with ample parking.
      2255 Triphammer Rd North, Ithaca, NY 14850
      View Details
    • Contact for pricing
      4,900 SF

      Retail Space in Ithaca Plaza

      Retail space available in a busy Ithaca shopping center.
      722 S Meadow St, Ithaca, NY 14850
      View Details
    • $10,368 /Mo
      10,368 SF

      Ithaca Warehouse Space For Lease

      Versatile commercial warehouse space in Ithaca, NY, for lease.
      23 Cinema Dr, Ithaca, NY 14850
      View Details

    Property Visit Statistics

    • Visits by month
      3.2k
    • Visitors by month
      1.9k
    • Avg Time on site
      26 min
    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.
    355 Elmira Rd
    Ithaca, NY 14850-5103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    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.