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    Property profile & analytics

    56 Elmwood Ave Gloversville, NY 12078-3534

    • Showrooms
    • 6,232 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US63-4798380
    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

    • Sam's Discount Wine & Liquor / Liquor Store
    • Snyders / Store
    • Midtown Beverage / Beer Store
    • K2 Liquor / Liquor Store / Wine Store

    Property Details for 56 Elmwood Ave

    Year built
    1983
    Lot size
    0.30 lot acres
    Property size
    6,232 SF
    Zone code
    C1
    Property type
    Showrooms
    APN
    172800 134.20-16-1
    APU
    17280013420161

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $240,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $240,000
      Mixed-Use
      $195,000
      Hospitality
      $230,000
      Educational
      $230,000
      Residential Income
      $190,000
      Energy
      $215,000
      Income-Based Land
      $210,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Gloversville
    County
    Fulton
    State
    New York
    Longitude
    -74.3233
    Latitude
    43.0558
    CBSA code
    24100
    CBSA name
    GLOVERSVILLE, 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
    $22,000
    $160,700
    $182,700
    -
    $43,350
    $316,650
    $360,000

    Comparable in this City

    • Value Estimation
      $210,000
      3,336 SF

      189 Kingsboro Ave

      SHOW ROOM, WAREHOUSE • 3,336 SF
      189 Kingsboro Ave, Gloversville, NY 12078-1617
      View Details
    • Value Estimation by Request
      2,144 SF

      108 Fulton St

      SHOW ROOM, WAREHOUSE • 2,144 SF
      108 Fulton St, Gloversville, NY 12078-3257
      View Details
    • Value Estimation
      $435,000
      27,526 SF

      40 Church St

      SHOW ROOM, WAREHOUSE • 27,526 SF
      40 Church St, Gloversville, NY 12078-2923
      View Details
    • Value Estimation
      $300,000
      10,762 SF

      50 Elmwood Ave

      SHOW ROOM, WAREHOUSE • 10,762 SF
      50 Elmwood Ave, Gloversville, NY 12078-3559
      View Details
    • Value Estimation
      $240,000
      2,678 SF

      4 Thompson Ave

      SHOW ROOM, WAREHOUSE • 2,678 SF
      4 Thompson Ave, Gloversville, NY 12078-4036
      View Details
    • Value Estimation by Request
      35,694 SF

      33 Bleecker St

      SHOW ROOM, WAREHOUSE • 35,694 SF
      33 Bleecker St, Gloversville, NY 12078-2909
      View Details

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    Similar Nearby for Lease

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    • $5 SF/Yr
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    • Contact for pricing

      Commercial Outparcel For Rent

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      30 Church St, Gloversville, NY 12078
      View Details
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    Gloversville, NY 12078-3534
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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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