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    Geneseo, NY 14454

    For Sale
    $285,000

    High-traffic location, development potential.

    Property size:
    1,392 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property presents a unique investment opportunity in the vibrant town of Geneseo, NY. Encompassing 2.35 acres across four parcels, this strategically located site sits on a major roadway, directly opposite a well-known local entertainment venue, ensuring high visibility and significant foot traffic. The property includes a pre-existing small building, conveniently equipped with existing water and utility connections, providing a solid foundation for immediate use or future expansion. The expansive acreage offers considerable potential for various commercial ventures, from retail and office spaces to hospitality or light industrial uses. Its prime location in Geneseo, combined with its proximity to Livonia, ensures easy access to a wide customer base. The existing building's infrastructure significantly reduces initial development costs, making this an attractive proposition for both seasoned investors and new entrepreneurs. This is a rare chance to acquire a substantial commercial property in a thriving area with exceptional exposure and immediate development possibilities. The 1,392 square foot building offers a head start on any project, while the ample land provides room for growth and expansion. Don't miss this chance to capitalize on this prime commercial real estate opportunity.

    Property Features for

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,392 SF
    Lot Size
    102,366 SF

    Building Details

    Year Built
    1945
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Geneseo
    County
    Livingston
    State
    New York
    Longitude
    -77.7881
    Latitude
    42.798

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, development potential.
    Where is this commercial real estate located?
    The property is located at Geneseo, NY.
    What is the asking price?
    The asking price for this property is $285,000.
    (585) 362-8900
    Request Owner's contact information
    Geneseo, NY 14454
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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
    Geneseo, NY 14454
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