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    Property profile & analytics

    4408 State Rte 31 Palmyra, NY 14522-9729

    • Investment properties
    • 4,650 SF
    • 3.33 lot acres
    OFF-MARKET
    Value Estimation
    $70,000
    Last Sale
    Jan 18, 2022
    $60,000
    Location Intelligence
    Property ID
    US63-2187394
    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

    • Investment properties

    Property Details for 4408 State Rte 31

    Year built
    1961
    Lot size
    3.33 lot acres
    Property size
    4,650 SF
    Zone code
    AR
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    543689 66111-18-335091
    APU
    5436896611118335091

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Wayne
    State
    New York
    Longitude
    -77.1699
    Latitude
    43.0474
    CBSA code
    40380
    CBSA name
    ROCHESTER, 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
    0
    $0.00
    $29,300
    $40,700
    $70,000
    -
    $29,596
    $41,111
    $70,707

    Comparable in this City

    • Value Estimation by Request
      2,475 SF

      347 Main St

      STORE/OFFICE (MIXED USE) • 2,475 SF
      347 Main St, Palmyra, NY 14522-1001
      View Details
    • Value Estimation by Request
      1,205 SF

      100 Division St

      STORE/OFFICE (MIXED USE) • 1,205 SF
      100 Division St, Palmyra, NY 14522-1126
      View Details
    • Value Estimation
      $355,000
      4,512 SF

      3569 Rte 31

      STORE/OFFICE (MIXED USE) • 4,512 SF
      3569 Rte 31, Palmyra, NY 14522
      View Details
    • Value Estimation
      $260,000
      10,860 SF

      604 Main St

      STORE/OFFICE (MIXED USE) • 10,860 SF
      604 Main St, Palmyra, NY 14522-1134
      View Details
    • Value Estimation
      $325,000
      5,244 SF

      522 Main St

      STORE/OFFICE (MIXED USE) • 5,244 SF
      522 Main St, Palmyra, NY 14522-9998
      View Details
    • Value Estimation
      $335,000
      5,078 SF

      170 Main St

      STORE/OFFICE (MIXED USE) • 5,078 SF
      170 Main St, Palmyra, NY 14522-1056
      View Details

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      Palmyra, NY Land For Sale

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    4408 State Rte 31
    Palmyra, NY 14522-9729
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    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
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