830 Walnut St Elmira, NY 14901-1938
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Osburn Mechanical Plumbing & Heating, Inc. HVAC Service General Contractor
250.6.1 Business A-I Intent. [Neighborhood Commercial - I] (Ord. No. 2005-349 dated 10/3/05) The intent of this district is the same as the inte nt and description set forth under section 250.6, Business A, except bars, taverns, nightclubs and restaurants and restaurants-fast food shall not be permitted. (Ord. No. 2005-427 dated November 28, 2005) 250.7 Busi…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BA · Elmira, NY250.6.1 Business A-I Intent. [Neighborhood Commercial - I] (Ord. No. 2005-349 dated 10/3/05) The intent of this district is the same as the inte nt and description set forth under section 250.6, Business A, except bars, taverns, nightclubs and restaurants and restaurants-fast food shall not be permitted. (Ord. No. 2005-427 dated November 28, 2005) 250.7 Business B District Intent. [Central Business District] This district is intended to create, preserve and enhance the Elmira Central Business District as a regional center of shopping; employme nt; offices; hotels and motels; government; banking, investment and financial services; entertainment; and culture. 250.8 Business C District Intent. [Specialized Commercial] This district, located along Maple Avenue on the So uthside of Elmira, is intended to recognize the unique mixture of historically signif icant large homes and structures in the district. The district is intended to provide an a lternative to sole residential use of these properties by allowing a viable blend of small comm ercial enterprises on premises also containing residential unit(s). Such uses are spec ifically intended to include small retail specialty shops that fulfill a specific function in the marketplace. Care should be taken to protect the unique aesthetic value of the area from typical commercial or suburban-like development. 250.9 Business D District Intent. [Historic Commercial] This district, located along W. Church Street on th e north side of Elmira, is intended to recognize the unique role which the historic distri ct has played in the formation, growth and life of the City of Elmira. Due to the locatio n along a major transportation route in the City, the area has evolved into a mixed use service/residential area that is close in, but functions secondary to the Central Business Distric t. Because this area is within an historic district many of the structures have remai ned in-tact and green landscaping has taken priority over parking lots. The intent is to preserve the use, function, and appearance that exists as of the date of this ordinance. 250.10 Business E District Intent. [General Commercial] This district is intended to create, preserve and e nhance business areas devoted to general commercial services and wholesaling activities.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.