171 FairmountLakewood, NY 14750

  • Theaters & concert halls
  • 14,902 SF
Off market

Property Details for 171 Fairmount

Year built
1991
Lot size
10.70 AC
Property size (Sq ft)
14,902 SF
Zone code
02 - SINGLE RESIDENCE
Property type
Theaters & concert halls
APN
062201 385.09-1-1
APU
622013850911

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,822,260
    6.5%
    $1,682,090
    7%
    $1,561,940
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,132,370
    Geo Method
    $2,264,420
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,087,740
    Retail / Commercial
    $3,146,370
    Mixed-Use / Specialty
    $3,154,540
    Hospitality / Lodging
    $2,339,630
    Office
    $3,156,000
    Institutional / Educational
    $3,286,390
    Residential Income
    $3,845,070
    Multifamily
    $4,504,070
    Automotive / Energy
    $2,816,900
    Parking / Income-Based Land
    $952,921
    Restaurant / Food Service
    $1,682,090
    Healthcare / Senior Housing
    $3,215,040

Location Insight

City
Lakewood
County
Chautauqua
State
New York
Latitude
42.0971
Longitude
-79.3433
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
-
$213,400
$1,236,600
$1,450,000
-
$318,511
$1,845,689
$2,164,200

FAQs

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