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Financial
Distress signals
Property profile

600 Fairmount Ave Jamestown, NY 14701

FOR SALE
Other investment properties
Property ID
US63-1337895
5,240 SF 0.23 ac lot Built 1970
Last sale Apr 2023 · $497,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 1½-story commercial building on a corner lot, configured with three distinct tenant areas on the main level that include office, professional, retail, and service use spaces. The main level also contains an office, kitchen, and storage/inventory area. The lower level was used as a bike repair shop and includes 9 ft ceilings, a cement floor, and air hose lines. The upper level provides a wide-open area with 9 ft ceilings plus a bathroom and kitchen area. Historically, the building has been…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$275k
Assessed land$37k
Assessed improvement$238k

Value estimate

· Oct 2026
$520k
$468k – $572k
AI approach$500k
CAP approach$530k
Submarket $/SF estimate$590k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$9k
Operating expenses−$23k
NOI · 7.10% cap applied$39k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$35/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$27 – $51

Cap rate analysis

How does the asset earn?
7.10%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
07 - MIXED
JurisdictionCHAUTAUQUA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.5
Realty agency13.3
Hair Salon12.5

Location

600 Fairmount Ave Jamestown, NY 14701
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
269-271 Fairmount, Jamestown, NY 14701 $103,701 Jun 2025 6,864 SF
31 Main, Jamestown, NY 14701-5226 $220,000 Dec 2024 4,131 SF
953 2nd, Jamestown, NY 14701-3230 $40,000 Oct 2024 5,117 SF
408 5th, Jamestown, NY 14701-4829 $90,000 Aug 2024 3,958 SF
322 Washington, Jamestown, NY 14701-4922 $215,000 Jul 2024 6,292 SF
229 Weeks, Jamestown, NY 14701-3260 $140,000 Jun 2024 4,623 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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