305 FairmountLakewood, NY 14750

  • Investment properties
  • 9,640 SF
Off market
$466,400 Estimated

Property Details for 305 Fairmount

Year built
1974
Lot size
0.10 AC
Property size (Sq ft)
9,640 SF
Zone code
05 - COMMERCIAL
Property type
Investment properties
Property subtype
Retail residential properties
APN
062201 386.05-5-30
APU
6220138605530

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,104,930
    6.5%
    $1,943,010
    7%
    $1,804,220
  • Comparable approach

    Method
    Valuation
    Relative Method
    $961,958
    Geo Method
    $1,965,970
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,790,380
    Retail / Commercial
    $1,947,190
    Hospitality / Lodging
    $1,429,120
    Office
    $1,934,340
    Institutional / Educational
    $2,020,930
    Residential Income
    $2,364,490
    Multifamily
    $2,820,540
    Automotive / Energy
    $1,732,230
    Parking / Income-Based Land
    $595,044
    Restaurant / Food Service
    $1,016,470
    Healthcare / Senior Housing
    $1,989,690

Location Insight

City
Lakewood
County
Chautauqua
State
New York
Latitude
42.0994
Longitude
-79.3044
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
-
$43,700
$422,700
$466,400
-
$65,222
$630,878
$696,100

FAQs

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Please email our support team at [email protected] and they will add the team member.
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