1031 Exchange

Cortland, NY 1031 Exchange Properties for Sale

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14-Unit Student Housing Apartment Building
Updated: Jun 1
14-Unit Student Housing Apartment Building

112 Groton Avenue, Cortland, NY 13045

$2,950,000
11,520 sqft 1.16 AC lot
14‑unit student housing investment property with 42 bedrooms; potential to expand to 44 bedrooms
Centerpiece 10‑unit building constructed in 2009 with ten 3‑bedroom apartments
Two additional structures built between 2014 and 2015: a side‑by‑side duplex (3BR/1.5BA) plus two more 3‑bedroom units and a rental office
Five common laundry areas with coin‑operated machines included in the sale
42 on‑site parking spaces with maintained striping and lighting
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cortland, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Court-Leased Office Building
Renovated Court-Leased Office Building

1007 Union Boulevard, Allentown, PA 18109

$749,900
4,228 sqft 0.20 AC lot

Fully renovated office building leased to the district court, offering a stabilized, long-term gross lease structure.

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Renovated Office Building with Long-Term Lease
Renovated Office Building with Long-Term Lease

1007 Union Boulevard, Allentown, PA 18109

$749,900
4,228 sqft 0.20 AC lot

Fully renovated office building leased to district court on a gross lease with scheduled yearly increases.

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NNN Dollar General Store
NNN Dollar General Store

3391 Main St, Mexico, NY 13114

Contact for pricing
9,014 sqft

9,014 SF Dollar General store offered for sale with an NNN lease and 3 five-year options.

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Self-Service Car Wash Complex
Self-Service Car Wash Complex

9809 River Road, Marcy, NY 13403

$695,000
4,860 sqft 2.68 AC lot

Self-service car wash on two parcels with manual bays, vacuums, paved parking, and renovated office/garage structures.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Rindge Land on Route 119
Rindge Land on Route 119

New Hampshire Route 119, Rindge, NH 03461

$65,000
0.73 AC lot

0.73-acre lot with visibility and potential in Rindge, NH.

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Wooded Waterfront Land with Dock
Wooded Waterfront Land with Dock

Martin Road lot: #86-3, Saint Albans, ME 04971

$150,000
0.75 AC lot

Seasonal or year-round buyers can enjoy wooded waterfront access with an existing dock and deeded well water rights.

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Unrestricted Coastal Lot Near South River
Unrestricted Coastal Lot Near South River

126 Deer, Beaufort, NC 28516

Contact for pricing
0.37 AC lot

0.37-acre lot near South River, perfect coastal getaway.

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Private Acreage Near Cape Fear River
Private Acreage Near Cape Fear River

116 Branch Drive, Burgaw, NC 28425

$95,000
1.20 AC lot

1.2 acres with potential for investors or visionary buyers.

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Cortland, NY 1031 Exchange Properties Market Trends and Statistics

Explore 1 1031 exchange properties for sale in Cortland, NY on our real estate platform. These investment opportunities span a total of 11,520 square feet of properties for sale, with an estimated market value of $2,950,000.

Sale prices for 1031 exchange properties in Cortland, NY average $2,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

NNN properties 2
1031 exchange properties 1

Demographics Overview

Population 28K
Population Growth (5Y) -2.9%
Median Household Income $67,028
College Educated 44.5%

High-Yield Neighborhoods for Investment

Identify Cortland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
13045 $3M

Taxes & Financing

Tax Rate (average for all types) 2.42%
Property Tax per SF $45.67 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cortland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cortland County

Retail

Office

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