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    1143 Elmira Rd Newfield, NY 14867

    For Sale
    $670,000

    Retail and warehouse buildings totaling 7,683 SF on 1.97 acres.

    Property size:
    7,683 SF
    Lot size:
    1.97 Acres

    Property Features for 1143 Elmira Rd

    General Information

    Size
    7,683 SF
    Lot size
    1.97 Acres

    Source: Cushman & Wakefield | Pyramid Brokerage - Ithaca Agent David Huckle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail and Warehouse Opportunity

    This property features a retail and flex opportunity in the greater Ithaca area. It includes two buildings: a 3,683 square foot retail building and a 4,000 square foot warehouse, situated on approximately 1.97 acres. The retail building is currently configured as a tasting room, complete with a bar and seating for up to 50 patrons. An outdoor patio provides additional seating options, with ample space available for further expansion. The warehouse building is fully insulated and features a concrete floor, an 18-foot clear span ceiling, and a 10' x 10" ground-level overhead door. Ample on-site parking is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Midstate Concrete Leveling ... Concrete Contractor

    Suggested Use

    Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Food Market Grocery Store Storage Facility HVAC Service Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Newfield
    County
    Tompkins
    State
    New York
    Longitude
    -76.5595253
    Latitude
    42.3906282

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    FAQs

    What type of property is this?
    Retail space - Retail and warehouse buildings totaling 7,683 SF on 1.97 acres.
    Where is this retail space located?
    The property is located at 1143 Elmira Rd Newfield, NY.
    What is the asking price?
    The asking price for this property is $670,000.
    What are key features of this property?
    This property features: - Two buildings: **3,683+\/- SF Retail + 4,000+\/- SF Warehouse on 1.97+\/- Acres.**; - **Retail building set up as tasting room with bar and seating (50 inside).**; - Warehouse: insulated, concrete floor, 18' clear span ceiling, 10' x 10' overhead door.
    (607) 227-7558
    Request Owner's contact information
    1143 Elmira Rd Newfield, NY 14867
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    Newfield, NY 14867
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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
    1143 Elmira Rd Newfield, NY 14867
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