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Property profile & analytics
OFF-MARKET Estimated value $270,000
Investment properties

440 Monroe Ave Hornell, NY 14843-2214

6,500 SF 1.55 ac lot Built 1955
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US63-5286133
Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1955
Total area 6,500 SF
Lot 1.55 ac (67,518 SF)
Zoning code I-1
APN 460600 166.10-03-055.100
UPID US63-5286133
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hornell Children's Home High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$723k
Blend (final) Blend
$270k
Owner & transaction history
Hornell Childrens Home · 8 yrs held
Hornell Childrens Home
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
I-1 · Hornell, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

I-1 Light Industrial District. Buildings and land in I-1 Light Industrial Districts shall be used and buildings shall be erected, altered and moved only for the uses set forth as permitted in the following regulations and which meet all performances standards set forth in this Code. (1) Principal buildings and uses. Principal uses shall be as follows: indust…

Zone name Industrial District
General category INDUSTRIAL
Zone area 153.80 ac
Top alternative use upside
Restaurant $605,000 +125.2%
Office building $430,000 +59.7%
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