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    Property profile & analytics

    447 Un St Olean, NY 14760-2656

    • Drive through restaurants
    • 2,765 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $2,905,000
    Last Sale
    Aug 03, 2020
    $2,597,500
    Location Intelligence
    Property ID
    US63-1355703
    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

    • Wendy's / Restaurant / Fast Food Restaurant

    Property Details for 447 Un St

    Year built
    1985
    Lot size
    0.72 lot acres
    Property size
    2,765 SF
    Property type
    Drive through restaurants
    APN
    041200 94.057-2-26
    APU
    4120094057226

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,125,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,665,000
      6.5%
      $2,830,000
      7%
      $2,610,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,475,000
      Geo Method
      $2,735,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,685,000
      Retail
      $2,220,000
      Mixed-Use
      $2,250,000
      Hospitality
      $2,145,000
      Educational
      $2,650,000
      Residential Income
      $2,735,000
      Energy
      $2,565,000
      Income-Based Land
      $2,040,000
      Food Service
      $2,305,000

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4307
    Latitude
    42.084
    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
    $144,000
    $541,000
    $685,000
    -
    $184,615
    $693,590
    $878,205

    Comparable in this City

    • Value Estimation by Request
      973 SF

      919 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 973 SF
      919 State St, Olean, NY 14760
      View Details
    • Value Estimation by Request
      4,613 SF

      2510 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,613 SF
      2510 State St, Olean, NY 14760-1823
      View Details
    • Value Estimation
      $165,000
      896 SF

      2936 Constitution Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 896 SF
      2936 Constitution Ave, Olean, NY 14760-1867
      View Details
    • Value Estimation by Request
      3,120 SF

      903 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,120 SF
      903 State St, Olean, NY 14760
      View Details
    • Value Estimation
      $3,875,000
      3,038 SF

      500 Un St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,038 SF
      500 Un St, Olean, NY 14760-2651
      View Details
    • Value Estimation
      $2,430,000
      3,104 SF

      3007 Nys Rte 417

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,104 SF
      3007 Nys Rte 417, Olean, NY 14760-1832
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Established Restaurant Franchise For Sale

      Established Subway franchise in a high-visibility location.
      502 Union St North, 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
    • $365,000

      Established Restaurant Business For Sale

      Turn-key restaurant with strong local reputation and loyal customer base.
      241 N Union St, Olean, NY 14760
      View Details
    • $1,488,100
      11,440 SF

      NNN Leased Dollar General Investment

      Absolute NNN leased Dollar General in Olean, NY for sale.
      1322 W State St, Olean, NY 14760
      View Details
    • $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
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    • Contact for pricing

      High Visibility Retail Store Location

      Retail showroom/office with over 7,000 sq ft.
      1472 Portville-Olean Rd, Olean, NY 14760
      View Details

    Similar Nearby for Lease

    • $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
    • Contact for pricing
      82,626 SF

      2610 State St

      Restaurants • 82,626 SF
      2610 State St, Olean, NY 14760
      View Details
    • 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
    • $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

    Property Visit Statistics

    • Visits by month
      20.1k
    • Visitors by month
      16.1k
    • Avg Time on site
      15 min
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    447 Un St
    Olean, NY 14760-2656
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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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