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Financial
Distress signals
Property profile

644 East Main St Palmyra, NY 14522

FOR LEASE
Office buildings
Property ID
US63-0917926
2,806 SF 0.59 ac lot Built 1987
Last sale Jul 2010 · $98,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 2,806-square-foot office building constructed in 1987 sits on a 0.59-acre parcel at 644 E Main Street (Route 31) in Palmyra. The building is framed and includes flooring such as linoleum, vinyl, and carpet, with natural gas forced-air heating and central air conditioning. Site and building features include paved/surfaced parking, public sewer service, and a shingle roof. The property is zoned C3, supporting commercial office use, and includes established tenancy plus a second-floor area…

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$115k
Assessed land$34k
Assessed improvement$81k

Value estimate

· Oct 2026
$210k
$189k – $231k
AI approach$280k
NOI build-up
Gross scheduled income$2k
Vacancy & credit loss−$321
Operating expenses−$459
NOI · 551.60% cap applied$1k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
551.60%
$1k 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?
C3
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency10.2
Parking Facility9.8
HVAC Service9.6

Location

644 East Main St Palmyra, NY 14522
County assessor Recorded deeds · 2 transfers 9 qualifying comp sales 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
555 Main, Palmyra, NY 14522-9501 $402,500 Dec 2024 7,860 SF
628 Main, Palmyra, NY 14522-1138 $110,000 Nov 2021 6,465 SF
401 Main, Palmyra, NY 14522-1131 $144,000 Nov 2019 5,171 SF
523 Main, Palmyra, NY 14522-1144 $140,000 Nov 2018 3,444 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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