54-56 State St Holley, NY 14470
Property profile & analytics
54-56 State St, Holley, NY 14470
- Auto shops
- 2,280 SF
- 2.20 lot acres
Property ID
US63-4078239
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.
Location Intelligence
Current Use by Public Records
- Auto shops
Property Details for 54-56 State St
- Year built
- 1970
- Lot size
- 2.20 lot acres
- Zone code
- C1
- Property type
- Auto shops
- APN
- 343201 88.5-2-63.11
- APU
- 34320188526311
Description
This exceptional investment opportunity presents a fully occupied, multi-tenant warehouse complex located at 54-56 State Street in Holley, New York. The property boasts 14,565 square feet of rentable space, distributed across 46 units, including 42 self-storage units ranging in size from 10x8, 10x10, 15x15, and 16x20. Additional tenants include an auto repair shop, auto body shop, and beauty salon. The property sits on a 2.2-acre lot, offering significant potential for future expansion. Built in 1960, the property is zoned C1 and features 40 parking spaces. The current lease structure is a modified month-to-month agreement with renewal options, and all tenants are credit-rated. The property generates a substantial net operating income (NOI) of $68,145, resulting in an attractive 8% capitalization rate. The asking price is $749,900. This is a rare opportunity to acquire a well-established, income-producing asset with strong potential for long-term growth in a desirable location. The property's diverse tenant mix and substantial square footage provide a stable and reliable income stream. The ample parking and expansive lot size further enhance its appeal. This is an ideal addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $650,000
- ML approach
- $585,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Holley
- County
- Orleans
- State
- New York
- Longitude
- -78.0227
- Latitude
- 43.2215
- CBSA code
- 40380
- CBSA name
- ROCHESTER, 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
$14,059
$15,800
$245,300
$261,100
-
$20,254
$314,446
$334,700
