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Cayuga 13140
2187 State Route 31
$84,900
● Land - In Contract

2187 State Route 31

Mentz, NY 13140
bedrooms
Studio
bathrooms
0 Bath
$498
Est. Monthly

About This Property

This property offers 2.80 acres of Beautiful Commercial land on a highly trafficked and highly visible Route 31 in the town of Mentz. It's only 1.5 miles from the village of Weedsport. The hard stuff is already completed for you, as the land has been developed with a nice, paved driveway (double wide), a 20 ft sliding gate, and electric is also on the site.  The land is ready to go, in a great location, and perfect for all of your business needs. It is also very level and dry! Convenient and close to the NYS THRUWAY, only 20 minutes to Syracuse.
Unit Size
-
Days on Market
-
Land Size
2.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
$81
HOA Dues
-
Year Built
-

Listed By

Sharon Hopler
[email protected]
Howard Hanna Real Estate

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (NYSAMLS #S1708490)

Price History

Date / Event Date Event Price
Sep 12, 2026 In contract -
In contract
Aug 20, 2026 Listed by Howard Hanna Real Estate $84,900
Listed by Howard Hanna Real Estate
Aug 16, 2012 Sold
Premium
Sold

Property Highlights

Exterior Details
Other Structures: None
Lot Features: Rectangular Lot, Cleared, Level, Rectangular
Lot Size Area: 2.8
Lot Size Units: Acres
Lot Size Acres: 2.8
Lot Size Square Feet: 121968
Lot Size Dimensions: 229X1
Tax Lot: 8
Water Source: Well, NotConnected, WellNeeded
Financial Details
Tax Assessed Value: $30,200
Tax Annual Amount: $967
Utilities Details
Sewer : Septic Needed

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 121,968
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000002800
  • Standard Land Use Code: 8002
  • County Land Use Code: 330

Neighborhood

  • School District Name: Port Byron Central School District
  • School Tax School District: PORT BYRON
  • Census Tract: 040300

Zoning

  • Zoning: C-1

Geography

  • Account Number: 10071080
  • District: 053889
  • Section: 82.00
  • Parcel: 053889 82.00-1-8.2
  • Block: 1
  • Lot: 8.002
  • Municipality: MENTZ (TOV)
  • Latitude: 43.043
  • Longitude: -76.5956

    Address

  • Full Address: 2187 State Route 31
  • Address - House Number: 2187
  • Address - Street Name: State Route 31
  • State: NY
  • City Name: Port Byron
  • Zip Code: 13140

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $95,744
  • Tax Rate Code Area: 53801

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 58
  • Final Value: 228,902
  • High Value: 295,395
  • Low Value: 162,409

    Market Valuation

  • Market Total Value: $37,284
  • Market Land Value: $37,284

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,200
  • Assessed Land Value: $30,200

    Sales

  • Current Sale Contract Date: Aug 15, 2012
  • Current Sale Recording Date: Aug 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012-00127518
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cayuga

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

78

Average Home Size

1991 ft²

Average Home Age

104.4 years

Currently For Sale

272 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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NYSAMLS

Last Updated: 2 months ago
Data Source: NYSAMLSs, MLS# S1708490

Frequently Asked Questions

When was property at 2187 State Rte 31 built and last sold?
The property at 2187 State Rte 31 was built in and last sold on Aug 15, 2012 for $29,000.
How much is this home worth?
The estimated value of the home located at 2187 State Rte 31 is $85,749.
What are some comparable homes to 2187 State Rte 31?
There are currently no comparable homes to 2187 State Rte 31.
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