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    14 Kennedy Pkwy Cortland, NY 13045

    Sponsored
    For Sale
    $250,000

    Spacious Office, Ample Parking, High-End Features

    Property size:
    4,136 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 4,136 square foot office building in Cortland, NY, presents a unique investment opportunity. Situated on a 0.48-acre lot, the property boasts convenient access to I-81 and Riverside Plaza, ensuring high visibility and easy commuting for employees and clients. The building currently features eight exam rooms and four smaller offices, offering significant flexibility for a variety of business configurations. The layout is adaptable, allowing for customization to suit diverse needs. The building is equipped with state-of-the-art air conditioning and in-floor heating, providing year-round comfort and energy efficiency. Ample parking is available with 20 designated spaces. Beyond the main level, a substantial 1,500 square foot unfinished basement offers significant dry storage potential, ideal for archiving, inventory, or additional workspace. The asking price for this well-maintained and strategically located property is $250,000. This represents a compelling opportunity to acquire a versatile commercial space with excellent potential for growth and return on investment. The property's prime location and high-quality features make it an ideal choice for businesses seeking a modern and functional workspace. Don't miss this chance to secure a valuable asset in a thriving community.

    Property Features for 14 Kennedy Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,136 SF
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1992
    Location Intelligence

    Current Use by Public Records

    Lindsey Charles A Nursing Agency Mindy Dunn, FNP Nurse Practitioner Adrienne Salomon, DO Family Practice Physician Ngozi Mezu-Patel, MD Infectious Disease Physician Margaret Downing Physician Assistant

    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
    -76.16293
    Latitude
    42.61027

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious Office, Ample Parking, High-End Features
    Where is this office property / space located?
    The property is located at 14 Kennedy Pkwy Cortland, NY.
    What is the asking price?
    The asking price for this property is $250,000.
    (315) 695-6434
    Request Owner's contact information
    14 Kennedy Pkwy 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
    14 Kennedy Pkwy Cortland, NY 13045
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