3161 TransitElma, NY 14059

  • Investment properties
  • 9,650 SF
Off market
$18,630,000 Estimated

Property Details for 3161 Transit

Year built
1986
Lot size
1.86 AC
Property size (Sq ft)
9,650 SF
Zone code
COMM
Property type
Investment properties
Property subtype
Retail residential properties
APN
144200 136.01-1-18.21
APU
1442001360111821

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,170,648
    6.5%
    $2,003,674
    7%
    $1,860,555
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,430,980
    Geo Method
    $940,976
  • Alternative Use

    Use
    Valuation
    Residential
    $2,003,674
    Hospitality
    $1,835,355
    Educational
    $1,526,994
    Medical
    $1,579,510
    Retail
    $2,375,324

Location Insight

City
Elma
County
Erie
State
New York
Latitude
42.8538
Longitude
-78.6955
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, 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
2023
-
$1,800
$20,500
$22,300
-
$64,286
$732,143
$796,429

FAQs

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