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Financial
Distress signals
Property profile

903 Hanshaw Rd Ithaca, NY 14850

FOR SALE
Strip malls
Property ID
US63-0408927
13,869 SF 5.71 ac lot Built 1985
Last sale Dec 2008 · $100,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a full-service hair salon operating within a shopping center in the Greater Ithaca Area. The salon space is approximately 1,250 square feet and is located near a densely populated residential area and in proximity to Cornell University. The surrounding area includes retail, professional offices, medical facilities, banking institutions, restaurants, and schools. The sale of the business has historically included the salon’s buildouts and the associated equipment, furnishings,…

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$3.45M
Assessed land$1.00M
Assessed improvement$2.45M

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$285k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$955
Operating expenses−$7k
NOI · 17.14% cap applied$15k

Realmo valuation models over county records.

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?
17.14%
$15k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTOMPKINS

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand index
Wholesale Shop18.7
Law Firm18.7
Auto Repair Shop18.0

Location

903 Hanshaw Rd Ithaca, NY 14850
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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

Comparables

3 recorded sales · 14 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2255 Triphammer, Ithaca, NY 14850-1576 $11,980,000 Jun 2025 158,959 SF
710 Mdw, Ithaca, NY 14850-5361 $24,250,000 Oct 2024 113,101 SF
614 Mdw, Ithaca, NY 14850-5381 $2,200,000 May 2022 58,296 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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