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    51 State St Ilion, NY 13357-1807

    • Commercial real estate
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-4123610
    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

    • Commercial real estate

    Property Details for 51 State St

    Lot size
    0.33 lot acres
    Zone code
    01 - NOT ZONED
    Property type
    Commercial real estate
    APN
    212889 119.67-1-34
    APU
    21288911967134

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ilion
    County
    Herkimer
    State
    New York
    Longitude
    -75.05
    Latitude
    42.9991
    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
    $739
    $7,000
    $12,200
    $19,200
    -
    $12,727
    $22,182
    $34,909

    Comparable in this City

    • Value Estimation by Request
      0.28 Acres

      Central Plz

      COMMERCIAL (GENERAL) • 0.28 Acres
      Central Plz, Ilion, NY 13357
      View Details
    • Value Estimation
      $230,000
      5,200 SF

      2769 State Rte 51

      SHOW ROOM, WAREHOUSE • 5,200 SF
      2769 State Rte 51, Ilion, NY 13357-4233
      View Details
    • Value Estimation
      $180,000
      900 SF

      6 Clark St

      SHOW ROOM, WAREHOUSE • 900 SF
      6 Clark St, Ilion, NY 13357-1102
      View Details
    • Value Estimation
      $200,000
      2,442 SF

      262 2nd St

      SHOW ROOM, WAREHOUSE • 2,442 SF
      262 2nd St, Ilion, NY 13357-1923
      View Details
    • Value Estimation
      $285,000
      0.51 Acres

      Bellevue At 6th Ave

      COMMERCIAL (GENERAL) • 0.51 Acres
      Bellevue At 6th Ave, Ilion, NY 13357
      View Details
    • Value Estimation
      $415,000
      4,500 SF

      100 Spruce St

      COMMERCIAL (GENERAL) • 4,500 SF
      100 Spruce St, Ilion, NY 13357-1143
      View Details

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    51 State St
    Ilion, NY 13357-1807
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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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