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    Property profile & analytics

    498-500 5th Ave Owego, NY 13827

    • Medical offices
    • 7,312 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-2625546
    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

    • Medical offices

    Property Details for 498-500 5th Ave

    Year built
    1995
    Lot size
    1.60 lot acres
    Property size
    7,312 SF
    Zone code
    ZONE
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    493001 129.05-4-20
    APU
    49300112905420

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Owego
    County
    Tioga
    State
    New York
    Longitude
    -76.2496
    Latitude
    42.1057
    CBSA code
    13780
    CBSA name
    BINGHAMTON, 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
    2019
    $28,352
    $92,000
    $759,500
    $851,500
    -
    $170,370
    $1,406,482
    $1,576,852

    Comparable in this City

    • Value Estimation
      $525,000
      6,662 SF

      143 Nn Ave

      MEDICAL CLINIC • 6,662 SF
      143 Nn Ave, Owego, NY 13827-1008
      View Details
    • Value Estimation by Request
      15,888 SF

      510 5th Ave

      MEDICAL CLINIC • 15,888 SF
      510 5th Ave, Owego, NY 13827-1620
      View Details
    • Value Estimation
      $350,000
      12,000 SF

      1246 State Rte 38

      MEDICAL CLINIC • 12,000 SF
      1246 State Rte 38, Owego, NY 13827-3217
      View Details
    • Value Estimation by Request
      7,000 SF

      500 5Th Ave

      Medical offices • 7,000 SF
      500 5Th Ave, Owego, NY 13827
      View Details
    • Value Estimation by Request
      56,564 SF

      59 Browns Ln

      HOMES (RETIRED, NURSING) • 56,564 SF
      59 Browns Ln, Owego, NY 13827
      View Details
    • Value Estimation
      $340,000
      13,764 SF

      7 Browns Ln

      HOMES (RETIRED, NURSING) • 13,764 SF
      7 Browns Ln, Owego, NY 13827
      View Details

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    • $300,000

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    Similar Nearby for Lease

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    • Contact for pricing
      2,952 SF

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    Owego, NY 13827
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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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