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    Property profile & analytics

    550 Main St Hancock, NY 13783-1073

    • Community centers
    • 8,704 SF
    • 1.48 lot acres
    OFF-MARKET
    Value Estimation
    $590,000
    Location Intelligence
    Property ID
    US63-0068617
    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

    • Western Union / Money Transfer Service
    • Dollar General / Discount Store / Drug Store

    Property Details for 550 Main St

    Year built
    2018
    Lot size
    1.48 lot acres
    Property size
    8,704 SF
    Zone code
    GB
    Property type
    Community centers
    APN
    123601 428.16-2-12.1
    APU
    123601428162121

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hancock
    County
    Delaware
    State
    New York
    Longitude
    -75.292
    Latitude
    41.9568

    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
    $8,027
    $25,000
    $50,000
    $75,000
    -
    $250,000
    $500,000
    $750,000

    Comparable in this City

    • Value Estimation
      $650,000
      8,125 SF

      66 Frnt St

      MINI-MALL • 8,125 SF
      66 Frnt St, Hancock, NY 13783-1020
      View Details
    • Value Estimation by Request
      2.40 Acres

      Main St

      GAS STATION • 2.40 Acres
      Main St, Hancock, NY 13783
      View Details
    • Value Estimation by Request
      1.80 Acres

      1889 State Hwy 268

      GAS STATION • 1.80 Acres
      1889 State Hwy 268, Hancock, NY 13783-3633
      View Details
    • Value Estimation by Request
      1,040 SF

      23585 State Hwy 97

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,040 SF
      23585 State Hwy 97, Hancock, NY 13783
      View Details
    • Value Estimation by Request
      0.13 Acres

      67 Wheeler St

      CAR WASH • 0.13 Acres
      67 Wheeler St, Hancock, NY 13783
      View Details
    • Value Estimation by Request
      0.20 Acres

      50 Main St, Unit 1

      RESTAURANT • 0.20 Acres
      50 Main St, Hancock, NY 13783-1024
      View Details

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    550 Main St
    Hancock, NY 13783-1073
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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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