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    4077 West Rd Cortland, NY 13045

    Sponsored
    For Sale
    $400,000

    4800 sq ft office, 4800 sq ft basement, ample parking.

    Property size:
    4,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional Cortland, NY commercial property presents a unique investment opportunity. The main building offers 4,800 square feet of versatile space, perfectly suited for a wide range of businesses. Adding to its appeal is a substantial 4,800 square foot full basement, providing significant additional storage or expansion potential. The property boasts ample parking, accommodating up to 40 vehicles with room for future growth. Restroom facilities include seven half-bathrooms and one full bathroom. Currently leased to Guthrie Medical until October 24th, this property offers immediate income potential and a strong foundation for future growth. Its prime location within a thriving commercial area ensures high visibility and easy access for customers and employees. The building's adaptability makes it suitable for various uses, including retail, hospitality, medical practices, or recreational businesses. This is an exceptional chance to acquire a substantial commercial property with significant upside in a desirable location. The combination of size, parking, and location makes this an attractive proposition for both established businesses seeking expansion and entrepreneurs looking to establish a new venture. Don't miss this chance to secure a property with such impressive features and potential.

    Property Features for 4077 West Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,800 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Cortland Regional Medical ... Medical Laboratory Robert E. Murray, ... Pulmonologist Cortland Regional Medical ... Medical Clinic Jacky Chen, MD Family Practice Physician Margaret Downing, PA-C Internist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cortland
    County
    Cortland
    State
    New York
    Longitude
    -76.20058
    Latitude
    42.60469

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    FAQs

    What type of property is this?
    Office Property / Space - 4800 sq ft office, 4800 sq ft basement, ample parking.
    Where is this office property / space located?
    The property is located at 4077 West Rd Cortland, NY.
    What is the asking price?
    The asking price for this property is $400,000.
    (607) 753-6766
    Request Owner's contact information
    4077 West Rd Cortland, NY 13045
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    Cortland, NY 13045
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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
    4077 West Rd Cortland, NY 13045
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