95 S Main St Avoca, NY 14809
Property profile & analytics
95 S Main St, Avoca, NY 14809
- Retail space
- 9,100 SF
- 2.03 lot acres
Property ID
US63-5420466
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.
Location Intelligence
Current Use by Public Records
- Dollar General / Discount Store
- Western Union / Bank / Credit Union
- FedEx OnSite / Postal Service / Courier Service
Property Details for 95 S Main St
- Year built
- 2016
- Lot size
- 2.03 lot acres
- Property type
- Retail space
- APN
- 462201 113.12-01-050.113
- APU
- 4622011131201050113
Description
This exceptional investment opportunity presents a fee-simple ownership of a 9,191 square-foot Dollar General store in Avoca, New York. Located at 95 S Main St, this single-story building, constructed in 2016, sits on a 2.03-acre lot and boasts a 100% occupancy rate. The property is secured by a 15-year absolute NNN lease with Dollar General Corporation, commencing January 18, 2017, and expiring January 31, 2032, leaving 7.2 years remaining. The lease includes four five-year renewal options, each with a 10% rent increase. The tenant, Dollar General, holds a "BBB" investment-grade credit rating, providing significant financial security. The property generates a substantial net operating income (NOI) of $109,271, resulting in an attractive 8.10% cap rate and a price per square foot of $146.78. The asking price is $1,349,025. This strategically positioned property benefits from high visibility on S Main Street, experiencing 3,932 vehicles per day. The surrounding area demonstrates strong demographics, with a 10-mile population of 17,436 and an average household income of $59,834. This presents an ideal opportunity for a 1031 exchange or passive investor seeking a secure, high-performing retail investment.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,765,000
- ML approach
- $1,610,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,465,000
- 6.5%
- $1,350,000
- 7%
- $1,255,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $955,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Avoca
- County
- Steuben
- State
- New York
- Longitude
- -77.4202
- Latitude
- 42.4013
- 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
$26,900
$500,100
$527,000
-
$31,647
$588,353
$620,000
