408 FairmountLakewood, NY 14750

  • Car washes
  • 2,840 SF
Off market
$4,292,260 Estimated

Property Details for 408 Fairmount

Year built
1998
Lot size
0.43 AC
Property size (Sq ft)
2,840 SF
Zone code
05 - COMMERCIAL
Property type
Car washes
APN
062201 386.09-1-23
APU
6220138609123

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $621,458
    6.5%
    $573,654
    7%
    $532,678
  • Comparable approach

    Method
    Valuation
    Relative Method
    $288,955
    Geo Method
    $590,543
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,116,670
    Mixed-Use / Specialty
    $572,422
    Hospitality / Lodging
    $421,026
    Office
    $569,868
    Institutional / Educational
    $595,379
    Residential Income
    $696,593
    Multifamily
    $830,947
    Automotive / Energy
    $510,324
    Parking / Income-Based Land
    $175,303
    Restaurant / Food Service
    $299,457
    Healthcare / Senior Housing
    $586,174

Location Insight

City
Lakewood
County
Chautauqua
State
New York
Latitude
42.0974
Longitude
-79.296
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
-
$106,000
$164,500
$270,500
-
$158,197
$245,503
$403,700

FAQs

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