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    Property profile & analytics

    498 State Rte 5s Mohawk, NY 13407-4711

    • Investment properties
    • 2,166 SF
    • 22.90 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3103698
    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 498 State Rte 5s

    Year built
    1940
    Lot size
    22.90 lot acres
    Property size
    2,166 SF
    Zone code
    01 - NOT ZONED
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    212889 120.2-2-62.1
    APU
    21288912022621

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mohawk
    County
    Herkimer
    State
    New York
    Longitude
    -74.9608
    Latitude
    43.0165
    CBSA code
    46540
    CBSA name
    UTICA-ROME, 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
    2020
    $1,492
    $28,400
    $51,600
    $80,000
    -
    $51,637
    $93,818
    $145,455

    Comparable in this City

    • Value Estimation
      $200,000
      1,384 SF

      53 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,384 SF
      53 Main St, Mohawk, NY 13407-1140
      View Details
    • Value Estimation
      $235,000
      1,908 SF

      36 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,908 SF
      36 Main St, Mohawk, NY 13407-1033
      View Details
    • Value Estimation
      $190,000
      1,920 SF

      4 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,920 SF
      4 Main St, Mohawk, NY 13407-1016
      View Details
    • Value Estimation
      $240,000
      3,657 SF

      51 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,657 SF
      51 Main St, Mohawk, NY 13407-1256
      View Details
    • Value Estimation by Request
      1,070 SF

      1 Fulton St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,070 SF
      1 Fulton St, Mohawk, NY 13407-1116
      View Details
    • Value Estimation
      $270,000
      1,339 SF

      91-91A Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,339 SF
      91-91A Main St, Mohawk, NY 13407
      View Details

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      Mohawk Valley Land Opportunity

      10.40-acre parcel in Mohawk Valley, ideal for building.
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      Mohawk Banquet Hall - Prime Location

      Established venue, ample parking, high potential.
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    498 State Rte 5s
    Mohawk, NY 13407-4711
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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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