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    Property profile & analytics

    478-480 Rte 11 Marathon, NY 13803

    • Warehouses
    • 5,600 SF
    • 2.92 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Feb 14, 2022
    Location Intelligence
    Property ID
    US63-5421573
    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

    • Warehouses

    Property Details for 478-480 Rte 11

    Year built
    1979
    Lot size
    2.92 lot acres
    Property size
    5,600 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Warehouses
    APN
    113489 167.00-01-19.210
    APU
    113489167000119210

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marathon
    County
    Cortland
    State
    New York
    Longitude
    -76.0231
    Latitude
    42.4294
    CBSA code
    18660
    CBSA name
    CORTLAND, 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
    2023
    $3,781
    $21,900
    $153,400
    $175,300
    -
    $29,796
    $208,707
    $238,503

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      77 Cortland St

      WAREHOUSE, STORAGE • 1,800 SF
      77 Cortland St, Marathon, NY 13803
      View Details
    • Value Estimation
      $395,000
      2,880 SF

      97 Us Hwy 11

      WAREHOUSE, STORAGE • 2,880 SF
      97 Us Hwy 11, Marathon, NY 13803
      View Details
    • Value Estimation
      $185,000
      2,400 SF

      Rte 221st E

      BULK STORAGE, TANKS • 2,400 SF
      Rte 221st E, Marathon, NY 13803
      View Details
    • Value Estimation
      $330,000
      3,880 SF

      16 Main St

      WAREHOUSE, STORAGE • 3,880 SF
      16 Main St, Marathon, NY 13803-3502
      View Details
    • Value Estimation
      $80,000
      7,468 SF

      19 Main St

      WAREHOUSE, STORAGE • 7,468 SF
      19 Main St, Marathon, NY 13803
      View Details
    • Value Estimation
      $340,000
      7,004 SF

      974 980th Rte 11

      WAREHOUSE, STORAGE • 7,004 SF
      974 980th Rte 11, Marathon, NY 13803
      View Details

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    478-480 Rte 11
    Marathon, NY 13803
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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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