Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    536 Stratmill Rd Binghamton, NY 13904-2913
    Back to Search
    Property profile & analytics

    536 Stratmill Rd Binghamton, NY 13904-2913

    View on Map
    • Mobile home & RV parks
    • 6,000 SF
    • 47.00 lot acres
    Off-Market
    Property ID
    US63-1957315
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Long Arm Investigations / Training Center / Vocational School
    • Police Athletic League / Training Center / Family Recreation Center

    Property Details for 536 Stratmill Rd

    Year built
    1980
    Lot size
    47.00 lot acres
    Property size
    6,000 SF
    Property type
    Mobile home & RV parks
    Property subtype
    Campgrounds
    APN
    033400 130.02-1-46
    APU
    3340013002146

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.8205
    Latitude
    42.1387
    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
    0
    $0.00
    $70,100
    $171,900
    $242,000
    -
    $114,918
    $281,803
    $396,721

    Comparable in this City

    • Value Estimation by Request
      840 SF

      54 Towpath Rd

      MOBILE HOME PARK, TRAILER PARK • 840 SF
      54 Towpath Rd, Binghamton, NY 13904-2501
      View Details
    • Value Estimation by Request
      780 SF

      41 Loughlin Rd

      MOBILE HOME PARK, TRAILER PARK • 780 SF
      41 Loughlin Rd, Binghamton, NY 13904-2655
      View Details
    • Value Estimation by Request
      2,034 SF

      609 Uppr Ct St

      MOTEL • 2,034 SF
      609 Uppr Ct St, Binghamton, NY 13904-2703
      View Details
    • Value Estimation by Request
      5,708 SF

      591 Nys Rte 11

      MOTEL • 5,708 SF
      591 Nys Rte 11, Binghamton, NY 13904
      View Details
    • Value Estimation by Request
      0.16 Acres

      21 Alice St

      VACANT COMMERCIAL LAND • 0.16 Acres
      21 Alice St, Binghamton, NY 13904-1502
      View Details
    • Value Estimation by Request
      1.12 Acres

      Bevier St

      INDUSTRIAL - VACANT LAND • 1.12 Acres
      Bevier St, Binghamton, NY 13904
      View Details

    Similar Nearby for Sale

    • $94,900
      3,005 SF

      Binghamton Multifamily Property For Sale

      Three-unit multifamily property with tenants in Binghamton, New York.
      164 Broad Ave, Binghamton, NY 13904
      View Details
    • $470,000
      2,856 SF

      Kirkwood Multifamily Investment Opportunity

      Three units in two buildings on one deed!
      36 Acre Pl, Kirkwood, NY 13904
      View Details
    • $350,000
      118.60 Acres

      BINGHAMTON Land with Nordic Cabin

      118+ acres with cabin, pond, trails near Binghamton.
      270 Ouaquaga Rd, Binghamton, NY 13904
      View Details
    • $675,000
      12,362 SF

      Binghamton Warehouse with Office Space

      14,476 SF building with warehouse and office space for sale.
      29 Alice St, Binghamton, NY 13904
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr

      Industrial Space Near Major Highways

      Industrial space with excellent access to major highways and markets.
      364 Industrial Park Dr, Binghamton, NY 13904
      View Details
    • $9 SF/Yr

      Binghamton Flex Space For Rent

      Flex space available near Kirkwood Industrial and Broome Corporate Parks.
      63 Barlow Rd, Binghamton, NY 13904
      View Details
    • Contact for pricing

      Commercial Land For Lease

      0.73 acres of land available for ground lease.
      570 Court St, Binghamton, NY 13904
      View Details
    • $8 SF/Yr
      11,835 SF

      Kirkwood Industrial Park Truck Terminal

      11,835 SF truck terminal with immediate interstate access.
      364 Industrial Park Dr, Binghamton, NY 13904
      View Details
    • $8 SF/Yr
      11,835 SF

      Binghamton Cross-Dock Truck Terminal

      11,835 SF Industrial Space, I-81 Access
      364 Industrial Park Dr, Binghamton, NY 13904
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    536 Stratmill Rd
    Binghamton, NY 13904-2913
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    536 Stratmill Rd, Binghamton, NY, 13904
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!