Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

40 E State St Mount Morris, NY 14510

FOR SALE
Community centers
Property ID
US63-3768880
10,320 SF 1.98 ac lot Built 1996
Last sale May 1996 · $265,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail space located in Mount Morris, New York, on E State Street, a roadway with average daily traffic counts exceeding 7,900 vehicles. It is situated near the entrance to Letchworth State Park, which draws approximately 1 million visitors annually. The property encompasses approximately 10,752 square feet of retail space and is positioned within a commercial area with nearby tenants including Dunkin Donuts, McDonald’s, and Walgreens.

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 · 2020

What does the county charge?
$42k
Tax billed · 2020
Assessed value · 2023$905k
Assessed land$79k
Assessed improvement$826k
Effective rate4.67%

Value estimate

· Oct 2026
$1.33M
$1.20M – $1.46M
NOI build-up
Gross scheduled income$232k
Vacancy & credit loss−$24k
Operating expenses−$62k
NOI · 12.33% cap applied$146k

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?
12.33%
$146k 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?
05 - COMMERCIAL
JurisdictionLIVINGSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency14.6
Building Supply12.6
Wholesale Shop11.8

Location

40 E State St Mount Morris, NY 14510
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 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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