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    Property profile & analytics

    87 Washington St Hornell, NY 14843-1453

    • Assisted living facilities
    • 8,030 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US63-2747845
    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

    • Hornell Housing Authority / City Government Office / Housing Authority

    Property Details for 87 Washington St

    Year built
    1965
    Lot size
    0.27 lot acres
    Property size
    8,030 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    460600 151.56-02-038.000
    APU
    4606001515602038000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $315,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $350,000
      Mixed-Use
      $380,000
      Hospitality
      $335,000
      Educational
      $405,000
      Residential Income
      $400,000
      Energy
      $390,000
      Income-Based Land
      $305,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Hornell
    County
    Steuben
    State
    New York
    Longitude
    -77.6548
    Latitude
    42.3317
    CBSA code
    18500
    CBSA name
    CORNING, 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
    $55,000
    $160,000
    $215,000
    -
    $57,895
    $168,421
    $226,316

    Comparable in this City

    • Value Estimation
      $430,000
      28,442 SF

      199 Ee Ave

      HOMES (RETIRED, NURSING) • 28,442 SF
      199 Ee Ave, Hornell, NY 14843-2357
      View Details
    • Value Estimation by Request
      14,456 SF

      131 Hornell St

      HOMES (RETIRED, NURSING) • 14,456 SF
      131 Hornell St, Hornell, NY 14843-1234
      View Details
    • Value Estimation by Request
      2,925 SF

      396 Canisteo St

      HOMES (RETIRED, NURSING) • 2,925 SF
      396 Canisteo St, Hornell, NY 14843-2147
      View Details
    • Value Estimation
      $215,000
      4,444 SF

      112 Elizabeth St

      HOMES (RETIRED, NURSING) • 4,444 SF
      112 Elizabeth St, Hornell, NY 14843-2227
      View Details
    • Value Estimation
      $4,480,000
      23,412 SF

      434 Monroe Ave

      MEDICAL CLINIC • 23,412 SF
      434 Monroe Ave, Hornell, NY 14843-2236
      View Details
    • Value Estimation by Request
      9,000 SF

      Hornell Rd

      Medical offices • 9,000 SF
      0 Hornell Rd, Hornell, NY 14843
      View Details

    Similar Nearby for Sale

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      High-Quality Office Building For Sale

      Office building with long-term tenants and highway access.
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      Warehouse/distribution building with offices and one overhead door.
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      View Details
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      Hornell Walgreens Investment Opportunity

      High-Yield Pharmacy Investment, NY
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      View Details
    • $3,900,000
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      A historic golf and country club with development potential.
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    Similar Nearby for Lease

    • $399,900

      Adaptable One-Story Building on 13 Acres

      Versatile one-story building suitable for various uses on 13 acres.
      6017 Magee Rd, Hornell, NY 14843
      View Details
    • $5 SF/Yr
      27,000 SF

      Hornell Shopping Plaza Retail Space

      Two retail spaces available for lease.
      7451 Seneca Rd, Hornell, NY 14843
      View Details
    • Contact for pricing
      13,200 SF

      Industrial Shop/Maintenance Facility For Rent

      9,600 SF shop/maintenance facility with 3 bays for rent.
      7774 Industrial Park Rd, Hornell, NY 14843
      View Details
    • Contact for pricing
      13,839 SF

      Hornell Warehouse Space for Lease

      7,250 SF warehouse space available for lease.
      195 Seneca St, Hornell, NY 14843
      View Details
    • Contact for pricing
      2,106 SF

      Retail Space Near Wegmans Market

      Retail, office, or restaurant space with high visibility.
      1000-1044 State Route 36, Hornell, NY 14843
      View Details
    • Contact for pricing
      103,138 SF

      Retail/Warehouse Space with Development Potential

      Mixed-use retail/warehouse space with ample development opportunities in high-traffic area.
      7451 Seneca Rd North, Hornell, NY 14843
      View Details
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    87 Washington St
    Hornell, NY 14843-1453
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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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