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    3100 Triphammer Rd Lansing, NY 14882

    For Sale
    $595,000

    7.7 Acres, High-Traffic Location

    Property size:
    1 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 7.7-acre commercial development site presents a unique investment opportunity in Lansing, NY's prime commercial area. Boasting over 125 feet of frontage on heavily trafficked North Triphammer Road, this property offers unparalleled visibility and accessibility. Currently zoned for General Business, the land allows for a diverse range of potential uses, including retail, office, and mixed commercial/residential development. The site's strategic location within a thriving commercial hub is further enhanced by its proximity to a recently constructed multi-tenant plaza, a regional bank branch, several restaurants, a gas station with a convenience store, and various other retail, office, and service businesses. This indicates a strong existing commercial presence and a vibrant, growing community. The property is easily accessible and utilities are readily available, with water and electric services located at the roadside. This substantial parcel presents a compelling opportunity for developers seeking to capitalize on Lansing's robust commercial growth. The potential for significant return on investment is high, given the location, zoning, and existing infrastructure. Subdivision from the larger parcel at 3100 N. Triphammer Road is planned. This is a rare chance to acquire a large, well-situated development site in a desirable location.

    Property Features for 3100 Triphammer Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1 SF
    Lot Size
    335,412 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ESPN Ithaca Radio Broadcaster Veterinary Radiology Consultation Veterinarian Tompkins Weekly Newspaper Publisher Vizella Media Marketing Agency Suburban Propane Propane Supplier

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Tompkins
    State
    New York
    Longitude
    -76.49301
    Latitude
    42.53688

    Nearby Comparable

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    Nearby Similar for Sale

    • New
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    • $350,000
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      Approved Project Near Ithaca

      Approved 16-unit apartment complex project near Cornell University.
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    • $660,000

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    FAQs

    What type of property is this?
    Commercial real estate - 7.7 Acres, High-Traffic Location
    Where is this commercial real estate located?
    The property is located at 3100 Triphammer Rd Lansing, NY.
    What is the asking price?
    The asking price for this property is $595,000.
    (607) 277-2327
    Request Owner's contact information
    3100 Triphammer Rd Lansing, NY 14882
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    Lansing, NY 14882
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3100 Triphammer Rd Lansing, NY 14882
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