Financial
Distress signals
Property profile

40-42 1St St Ilion, NY 14489

FOR SALE
Retail space
Property ID
US63-3935166
13,455 SF 1.3 ac lot Built 2006
Last sale Dec 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$57k
Tax billed · 2020
Assessed value · 2023$917k
Assessed land$275k
Assessed improvement$642k
Effective rate6.19%

Value estimate

· Sep 2026
$535k
$482k – $589k
NOI build-up
Gross scheduled income$320k
Vacancy & credit loss−$8k
Operating expenses−$94k
NOI · 7.03% cap applied$218k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.03%
$218k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHERKIMER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency24.1
Law Firm18.8
Dental Office17.9

Location

40-42 1St St Ilion, NY 14489
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
6 Clark, Ilion, NY 13357-1102 $180,000 Apr 2023 900 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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