Prime Land Near Walmart
3100 Cranberry Rd, Olean, NY
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3.71-acre commercial land near high-performing Walmart Supercenter.
Type:LAND
Lot size:
3.71 Acres- Added:
- Jul 24, 2025
- Days on Market:
- 302
- Last Refresh:
- Apr 5 at 10:48 pm
Property Features for 3100 Cranberry Rd
General Information
- Standard status
- Active
- Lot size
- 3.71 Acres
- Property subtype
- LAND
Listing agent Rick Recckio License #31RE0821429 (716) 998-4422
Listing office Recckio Real Estate & Development (716) 998-4422
Listing date Jul 24, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Recckio Real Estate & Development
HighLights
- Anchored by a top 5% performing Walmart Supercenter, driving significant foot traffic.
- Long‑term stability with Walmart's lease extending through 2031, plus a 10‑year renewal option.
- Impressive lineup of national tenants in the Walmart Supercenter Plaza, including Home Depot, BJ's Wholesale Club, and AMC Theaters.
- Existing infrastructure (sewer, water, roadways, power) in place.
- Comprehensive management services provided by the current operator.
- Proximity to St. Bonaventure University, providing a consistent customer base.
Overview
This 3.71+/- acre vacant land is part of a thriving business center anchored by a top-performing Walmart Supercenter. As one of the top 5% performing Walmart locations, this store generates significant foot traffic. Walmart's lease extends through 2031, with an additional 10-year renewal option. The 2,000 parking spaces surrounding Walmart are frequently full, even on weekdays. The Walmart Supercenter Plaza boasts an impressive lineup of national tenants, including Home Depot, BJ's Wholesale Club with gas, AMC Theaters, Old Navy, Verizon, Bath & Body Works, GNC, Maurices, SuperCuts, Spectrum, GameStop, Pet Supplies Plus, Sally Beauty, Shoe Show, and Zoom Tan. These tenants have extended their leases to align closely with Walmart's lease expiration. Additional features include multiple large pylon signs, offering excellent visibility. The center benefits from its proximity to St. Bonaventure University, located less than half a mile away. The existing infrastructure, including sewer, water, roadways, and power, is already in place. The current operator of the business center, excluding Home Depot, provides comprehensive management services, including snow plowing, landscaping, parking maintenance, cleaning, lighting maintenance, and pylon sign upkeep. This property represents a rare opportunity to invest in a high-performing commercial hub with a proven track record of success.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Cranberry Court Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Olean
- County
- Cattaraugus
- State
- New York
- Longitude
- -78.469
- Latitude
- 42.0815
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FAQs
What type of property is this?
Commercial land - 3.71-acre commercial land near high-performing Walmart Supercenter.
Where is this commercial land located?
The property is located at 3100 Cranberry Rd Olean, NY.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Anchored by a top 5% performing Walmart Supercenter, driving significant foot traffic.; Long‑term stability with Walmart's lease extending through 2031, plus a 10‑year renewal option.; Impressive lineup of national tenants in the Walmart Supercenter Plaza, including Home Depot, BJ's Wholesale Club, and AMC Theaters.
