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

    402 State St Olean, NY 14760-2542

    • Investment properties
    • 2,132 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $60,000
    Last Sale
    Apr 01, 2021
    $65,000
    Location Intelligence
    Property ID
    US63-0895151
    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

    • Karen Jackson Agency LLC / Insurance Agency

    Property Details for 402 State St

    Year built
    1920
    Lot size
    0.07 lot acres
    Property size
    2,132 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    041200 94.065-11-18
    APU
    41200940651118

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4341
    Latitude
    42.0776
    CBSA code
    36460
    CBSA name
    OLEAN, NY MICROPOLITAN 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
    0
    $0.00
    $5,700
    $59,300
    $65,000
    -
    $7,308
    $76,025
    $83,333

    Comparable in this City

    • Value Estimation by Request
      3,798 SF

      1002 Griffin St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,798 SF
      1002 Griffin St, Olean, NY 14760-3746
      View Details
    • Value Estimation by Request
      3,808 SF

      216 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,808 SF
      216 State St, Olean, NY 14760-2538
      View Details
    • Value Estimation by Request
      6,750 SF

      310 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,750 SF
      310 State St, Olean, NY 14760-2540
      View Details
    • Value Estimation by Request
      12,544 SF

      1606 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 12,544 SF
      1606 State St, Olean, NY 14760-3367
      View Details
    • Value Estimation by Request
      1,564 SF

      1003 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,564 SF
      1003 State St, Olean, NY 14760-2243
      View Details
    • Value Estimation by Request
      4,800 SF

      107 Un St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,800 SF
      107 Un St, Olean, NY 14760-2773
      View Details

    Similar Nearby for Sale

    • $169,900

      Mixed-Use Building with Rental Income

      Six-unit commercial/residential building with high visibility and rental income.
      514 W State St, Olean, NY 14760
      View Details
    • New
      $299,900
      7,308 SF

      Mixed-Use Building in Downtown Olean

      Mixed-use property with commercial space and remodeled residential unit.
      309 N Union St, Olean, NY 14760
      View Details
    • $79,900
      Pending

      North Olean Investment Opportunity

      Three-unit property in desirable North Olean location with income potential.
      301 Coleman St, Olean, NY 14760
      View Details
    • $225,000
      Pending

      Mixed-Use Property: Live/Work Potential

      Mixed-use property with residential and commercial space on one parcel.
      1618-1620 Rte 417, Olean, NY 14760
      View Details
    • $144,900
      Pending

      Seven-Unit Multifamily Investment Opportunity

      Seven-unit apartment building with strong rental income potential and ample parking.
      635 S Union St, Olean, NY 14760
      View Details
    • $299,999
      2,500 SF

      Olean Industrial Warehouse - $299,999

      Spacious industrial warehouse, ideal location.
      1020 State St, Olean, NY 14760
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Regional Mall Retail Space Available

      Retail spaces available in regional mall with high traffic.
      400 North Union Street Ext, Olean, NY 14760
      View Details
    • $8,000 /Mo
      8,232 SF

      Event-Ready Commercial Space in Olean

      8,234 sq ft commercial space ideal for events and fitness.
      800 E State Events St, Olean, NY 14760
      View Details
    • $325,000
      5,796 SF

      Versatile Commercial Property, Olean, NY

      High-visibility commercial property with garage, loading dock, and ample parking.
      431 S Union St, Olean, NY 14760
      View Details
    • $5 SF/Yr
      37,360 SF

      Olean Warehouse & Office Space

      37,360 SF Industrial Space, Prime Location
      317 Wayne St, Olean, NY 14760
      View Details
    • $14,000 /Mo
      5,000 SF

      Turnkey Restaurant & Event Space

      Ready-to-go restaurant and entertainment venue with wow factor.
      800 E State Bar/Restaraunt St, Olean, NY 14760
      View Details
    • $16 SF/Yr

      Retail Space in Walmart Plaza

      Retail space available within a high-traffic shopping center.
      3142 West State St, Olean, NY 14760
      View Details
    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.
    402 State St
    Olean, NY 14760-2542
    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.