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    Property profile & analytics

    5 Monroe St Ellicottville, NY 14731-9607

    • Investment properties
    • 1,428 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Last Sale
    Jun 24, 2025
    $400,000
    Location Intelligence
    Property ID
    US63-1588512
    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

    • The City Garage / Ski Shop / Outdoor Sports Store

    Property Details for 5 Monroe St

    Year built
    1840
    Lot size
    0.06 lot acres
    Property size
    1,428 SF
    Zone code
    2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    043601 55.035-3-18.2
    APU
    43601550353182

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ellicottville
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.672
    Latitude
    42.2763
    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
    $8,100
    $176,900
    $185,000
    -
    $12,462
    $272,153
    $284,615

    Comparable in this City

    • Value Estimation
      $315,000
      3,636 SF

      39 Ml St

      STORE/OFFICE (MIXED USE) • 3,636 SF
      39 Ml St, Ellicottville, NY 14731-9702
      View Details
    • Value Estimation
      $290,000
      3,376 SF

      14 Monroe St

      STORE/OFFICE (MIXED USE) • 3,376 SF
      14 Monroe St, Ellicottville, NY 14731-9608
      View Details
    • Value Estimation by Request
      1,248 SF

      21 Monroe St

      STORE/OFFICE (MIXED USE) • 1,248 SF
      21 Monroe St, Ellicottville, NY 14731
      View Details
    • Value Estimation
      $270,000
      4,298 SF

      6600 Rte 219th N

      STORE/OFFICE (MIXED USE) • 4,298 SF
      6600 Rte 219th N, Ellicottville, NY 14731-9795
      View Details
    • Value Estimation
      $225,000
      2,970 SF

      6113 Rte 219th S

      STORE/OFFICE (MIXED USE) • 2,970 SF
      6113 Rte 219th S, Ellicottville, NY 14731-9715
      View Details
    • Value Estimation
      $280,000
      3,984 SF

      11-15 Martha St

      STORE/OFFICE (MIXED USE) • 3,984 SF
      11-15 Martha St, Ellicottville, NY 14731
      View Details

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      10.9-acre building lot near Ellicottville with road frontage.
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      Land available in Ellicottville, NY near local amenities.
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    Similar Nearby for Lease

    • $1,487 /Mo
      1,050 SF

      Ellicottville Office Space For Lease

      Office space in prime location with high traffic and parking.
      6133 Rt. 219, Ellicottville, NY 14731
      View Details
    • $2,950 /Mo

      Ellicottville Storefront for Rent

      Commercial storefront in the heart of Ellicottville with high visibility.
      22 Monroe St, Ellicottville, NY 14731
      View Details
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    5 Monroe St
    Ellicottville, NY 14731-9607
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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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