908 State Rte 13Cortland, NY 13045

  • Retail properties
  • 14,860 SF
Off market
$1,226,335 Estimated

Property Details for 908 State Rte 13

Year built
1994
Lot size
4.16 AC
Property size (Sq ft)
14,860 SF
Zone code
05 - COMMERCIAL
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
112289 95.16-02-45.000
APU
11228995160245000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,527,472
    6.5%
    $3,256,128
    7%
    $3,023,548
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,421,108
    Geo Method
    $4,892,851
  • Alternative Use

    Use
    Valuation
    Residential
    $2,746,666
    Hospitality
    $2,515,932
    Educational
    $2,093,225
    Medical
    $2,165,214
    Retail
    $3,256,128
908 State Rte 13, Cortland, New York

Location Insight

City
Cortland
County
Cortland
State
New York
Latitude
42.5757
Longitude
-76.2148
CBSA code
18660
CBSA name
CORTLAND, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $705,500
  • Assessed land value
    $308,000
  • Assessed value
    $1,013,500
  • Tax year
    2023
  • Tax bill
    $18,930

FAQs

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