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    Property profile & analytics

    932 Riv Rd Nichols, NY 13812-2120

    • Auto shops
    • 4,000 SF
    • 3.20 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Last Sale
    Sep 29, 2022
    Location Intelligence
    Property ID
    US63-1975649
    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

    • Technology Research Council / Engineering Consultant / Occupational Safety And Health
    • Trusted Trailers / Trailer Dealer
    • M.D. TRADELINE USA LLC / Natural Stone Wholesaler
    • Barnhart Lumber Company / Lumber Store
    • MD'S Quartz & Granite Kitchen Countertops Cabinets Distribution Showroom / Granite Supplier

    Property Details for 932 Riv Rd

    Year built
    1985
    Lot size
    3.20 lot acres
    Property size
    4,000 SF
    Zone code
    ZONE
    Property type
    Auto shops
    APN
    492889 159.00-1-9.52
    APU
    492889159001952

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $340,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $360,000
      Mixed-Use
      $415,000
      Hospitality
      $360,000
      Educational
      $310,000
      Residential Income
      $405,000
      Energy
      $425,000
      Income-Based Land
      $335,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Nichols
    County
    Tioga
    State
    New York
    Longitude
    -76.3852
    Latitude
    42.025
    CBSA code
    13780
    CBSA name
    BINGHAMTON, NY METROPOLITAN 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
    2019
    $2,480
    $6,000
    $48,000
    $54,000
    -
    $28,571
    $228,572
    $257,143

    Comparable in this City

    • Value Estimation by Request
      3,582 SF

      10 Riv Rd

      AUTO REPAIR, GARAGE • 3,582 SF
      10 Riv Rd, Nichols, NY 13812-2500
      View Details
    • Value Estimation
      $295,000
      6,000 SF

      317 Cole Hl Rd

      AUTO REPAIR, GARAGE • 6,000 SF
      317 Cole Hl Rd, Nichols, NY 13812-1930
      View Details
    • Value Estimation by Request
      1,224 SF

      Kirby St

      PARKING LOT • 1,224 SF
      Kirby St, Nichols, NY 13812
      View Details
    • Value Estimation by Request
      29.10 Acres

      Ww Riv Rd

      PARKING LOT • 29.10 Acres
      Ww Riv Rd, Nichols, NY 13812
      View Details
    • Value Estimation by Request
      3,200 SF

      898 Riv Rd

      VEHICLE SALES, RENTALS • 3,200 SF
      898 Riv Rd, Nichols, NY 13812-2118
      View Details
    • Value Estimation by Request
      0.28 Acres

      Main St

      PARKING LOT • 0.28 Acres
      Main St, Nichols, NY 13812
      View Details

    Similar Nearby for Sale

    • $49,700
      13.00 Acres

      Land Near Highways and Casino

      13 acre recreational land with concrete slab near highways.
      Sackett Creek Rd, Nichols, NY 13812
      View Details
    • $129,900
      6,000 SF

      Versatile Church Property with Potential

      Spacious church with commercial kitchen and ample parking.
      3586 E River Rd, Nichols, NY 13812
      View Details
    • $165,000

      Nichols, NY Industrial Property

      Two Buildings, 15,465+ SF Total
      125 Johnson St, Nichols, NY 13812
      View Details
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    932 Riv Rd
    Nichols, NY 13812-2120
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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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