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    1140 State Route 222 Cortland, NY 13045

    Sponsored
    For Sale
    $179,900

    Versatile commercial building, prime location, high traffic.

    Property size:
    1,344 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,344 square foot commercial property, situated on a half-acre lot at 1140 State Route 222 in Cortland, NY, presents a unique investment opportunity. Its prime corner location offers high visibility and easy access, adjacent to a thriving shopping center ensuring consistent foot traffic. Previously used as an auto repair shop, the building boasts two spacious service bays equipped with overhead doors, perfect for various uses. A comfortable waiting room caters to customers, while dedicated office space and two bathrooms provide essential amenities. Ample parking is available in the large, on-site lot, ensuring convenience for both employees and clients. A secure, fenced-in area offers additional storage or outdoor workspace. The property's versatility makes it suitable for a wide range of businesses, including but not limited to auto repair, drive-thru restaurants, beauty salons, retail stores, or creative ventures. This highly sought-after location offers endless possibilities for entrepreneurs seeking a thriving commercial space. The asking price is $179,900. Don't miss this chance to secure a property with exceptional potential in a bustling commercial area.

    Property Features for 1140 State Route 222

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,344 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -76.19996
    Latitude
    42.59916

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile commercial building, prime location, high traffic.
    Where is this commercial real estate located?
    The property is located at 1140 State Route 222 Cortland, NY.
    What is the asking price?
    The asking price for this property is $179,900.
    (607) 753-6766
    Request Owner's contact information
    1140 State Route 222 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
    1140 State Route 222 Cortland, NY 13045
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