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    Property profile & analytics

    5 Kennedy Pkwy Cortland, NY 13045

    • Office buildings
    • 1,275 SF
    • 0.39 lot acres
    For Lease
    View listing
    $215,000
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US63-2045655
    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

    • NY Neuromuscular Healthcare, PC (Ahmed Eldokla, MD) / Neurologist
    • Doss Mary E / Nurse Practitioner / Health
    • Mayo Medical P.C.: David Mayo, M.D. / Obstetrician-Gynecologist / Doctor
    • Salman Nada MD / Nephrologist

    Property Details for 5 Kennedy Pkwy

    Year built
    1969
    Lot size
    0.39 lot acres
    Property size
    1,275 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Office buildings
    APN
    110200 87.21-03-19.000
    APU
    11020087210319000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $370,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $350,000
      Mixed-Use
      $380,000
      Hospitality
      $285,000
      Educational
      $310,000
      Residential Income
      $355,000
      Energy
      $320,000
      Income-Based Land
      $355,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Cortland
    County
    Cortland
    State
    New York
    Longitude
    -76.163
    Latitude
    42.6109
    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
    $4,504
    $42,400
    $89,200
    $131,600
    -
    $58,082
    $122,192
    $180,274

    Comparable in this City

    • Value Estimation by Request
      0.62 Acres

      1092 State Rte 222

      PROFESSIONAL BUILDING • 0.62 Acres
      1092 State Rte 222, Cortland, NY 13045-1831
      View Details
    • Value Estimation by Request
      41,480 SF

      46 Greenbush St

      OFFICE BUILDING • 41,480 SF
      46 Greenbush St, Cortland, NY 13045-2765
      View Details
    • Value Estimation
      $295,000
      2,340 SF

      60 Main St

      PROFESSIONAL BUILDING • 2,340 SF
      60 Main St, Cortland, NY 13045
      View Details
    • Value Estimation
      $290,000
      1,175 SF

      4070 Ww Rd

      PROFESSIONAL BUILDING • 1,175 SF
      4070 Ww Rd, Cortland, NY 13045-1842
      View Details
    • Value Estimation
      $225,000
      2,810 SF

      17 Kennedy Pkwy

      OFFICE BUILDING • 2,810 SF
      17 Kennedy Pkwy, Cortland, NY 13045-1409
      View Details
    • Value Estimation
      $650,000
      5,136 SF

      1104 Cmns Ave

      PROFESSIONAL BUILDING • 5,136 SF
      1104 Cmns Ave, Cortland, NY 13045-1643
      View Details

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      Versatile Commercial Space in Cortland

      Adaptable commercial building in Cortland, suitable for various business ventures.
      5 Kennedy Pkwy, Cortland, NY 13045
      View Details
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      Established Medical Office Suite

      Medical office suite near Cortland hospital with included utilities.
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    Cortland, NY 13045
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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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