5 FairdaleLakewood, NY 14750

  • Manufacturing properties
  • 6,192 SF
Off market
$3,419,640 Estimated

Property Details for 5 Fairdale

Year built
1977
Lot size
0.34 AC
Property size (Sq ft)
6,192 SF
Zone code
05 - COMMERCIAL
Property type
Manufacturing properties
APN
062201 386.05-3-87
APU
6220138605387

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,637,540
    6.5%
    $2,434,650
    7%
    $2,260,750
  • Comparable approach

    Method
    Valuation
    Relative Method
    $969,237
    Geo Method
    $1,980,850
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,250,730
    Mixed-Use / Specialty
    $1,248,040
    Hospitality / Lodging
    $917,956
    Office
    $1,242,470
    Institutional / Educational
    $1,298,090
    Residential Income
    $1,518,770
    Multifamily
    $1,811,700
    Automotive / Energy
    $1,112,650
    Parking / Income-Based Land
    $382,210
    Restaurant / Food Service
    $652,900
    Healthcare / Senior Housing
    $1,278,020

Location Insight

City
Lakewood
County
Chautauqua
State
New York
Latitude
42.1008
Longitude
-79.2988
CBSA code
27460
CBSA name
JAMESTOWN-DUNKIRK-FREDONIA, 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
2020
-
$40,000
$20,000
$60,000
-
$59,733
$29,867
$89,600

FAQs

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