301 Washington StElmira, NY 14901

  • Land
  • 1.96 AC
For Sale
$495,000 View listing

Property Details for 301 Washington St

Lot size
1.96 AC
Zone code
UMU
Property type
Land
Property subtype
Commercial land
APN
070400 89.16-6-1
APU
70400891661

Description

This exceptional 1.96-acre commercial and residential land parcel presents a unique development opportunity in the heart of Elmira, New York. Located at 301 Washington Street, this shovel-ready site boasts frontage along three streets and offers convenient access to vital infrastructure. Public utilities are readily available on-site, simplifying the development process. The property is zoned Gateway Commercial: BG, allowing for a diverse range of projects, including residential, commercial, or mixed-use developments. Its strategic location places it in close proximity to St. Joseph's Hospital, Elmira College, and Interstate 86, ensuring high visibility and accessibility. The property's APN is 89.16-6-1, and it is owned by 1093 Group, LLC. This prime location and versatile zoning make this a highly attractive investment for developers seeking a strategic foothold in a thriving community. The asking price for this significant parcel is $495,000. This represents a compelling opportunity to capitalize on the growing demand for both residential and commercial spaces in Elmira, NY. Don't miss this chance to acquire a truly exceptional development site.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,780,946
    Hospitality
    $14,455,262
    Educational
    $12,026,608
    Medical
    $12,440,222
    Retail
    $18,708,058
301 Washington St, Elmira, New York

Location Insight

City
Elmira
County
Chemung
State
New York
Latitude
42.0941
Longitude
-76.7977
CBSA code
21300
CBSA name
ELMIRA, 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
2020
-
$204,000
-
$204,000
-
$309,100
-
$309,100

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