2418 State Rte 5thUtica, NY 13502

  • Motels
  • 2,240 SF
Off market
$12,022,560 Estimated

Property Details for 2418 State Rte 5th

Year built
1992
Lot size
1.20 AC
Property size (Sq ft)
2,240 SF
Zone code
CH
Property type
Motels
APN
214800 104.2-2-12
APU
2148001042212

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $632,035
    6.5%
    $583,417
    7%
    $541,744
  • Comparable approach

    Method
    Valuation
    Relative Method
    $692,417
    Geo Method
    $687,794
  • Alternative Use

    Use
    Valuation
    Residential
    $636,922
    Hospitality
    $583,417
    Educational
    $485,396
    Medical
    $502,090
    Retail
    $755,061
2418 State Rte 5th, Utica, New York

Location Insight

City
Utica
County
Herkimer
State
New York
Latitude
43.0944
Longitude
-75.1431
CBSA code
46540
CBSA name
UTICA-ROME, 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
2020
$6,024
$15,000
$150,000
$165,000
-
$25,532
$255,319
$280,851

FAQs

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