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    2301 Triphammer Rd Ithaca, NY 14850

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, Tompkins County, NY

    Lot size:
    220,305 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents itself at the Cayuga Shopping Center, a well-established commercial property in Tompkins County, NY. Boasting a total of 220,305 square feet across seven stories, this multi-tenant center offers immediate availability with 7,873 square feet of vacant space. Individual spaces range from a minimum of 1,900 square feet to a maximum contiguous space of 3,155 square feet, providing flexibility for various retail businesses. The center currently houses seven stores and benefits from high visibility due to its main road exposure. Ample parking is available with over 1,000 spaces for customers and employees. The property sits on a substantial 66.6-acre lot and is zoned C, allowing for a variety of commercial uses. Built in 1969, the center features convenient amenities such as a dedicated turn lane, pylon signage, and a signalized intersection, ensuring optimal accessibility and visibility for tenants. This is a rare opportunity to secure prime retail space in a thriving commercial center with significant potential for growth and success. The property offers a total of 48,413 square feet of available retail space.

    Property Features for 2301 Triphammer Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    220,305 SF

    Building Details

    Year Built
    1969
    Stories
    7

    Unit(s) available at that property

    Space
    11
    Size
    1,900 SF
    Space
    12
    Size
    2,818 SF
    Space
    7
    Size
    3,155 SF

    HighLights

    • Retail property totaling 220,305 square feet.
    • Multiple tenancy with 7 stores.
    • Three available retail spaces ranging from 1,900 to 3,155 square feet; 7,873 square feet currently vacant.
    • 66.6‑acre lot size.
    • 1,000 parking spaces.
    • Built in 1969, seven stories.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pizza Hut Pizza Delivery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.4852717
    Latitude
    42.4837179

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Tompkins County, NY
    Where is this retail property located?
    The property is located at 2301 Triphammer Rd Ithaca, NY.
    What are key features of this property?
    This property features: Retail property totaling 220,305 square feet.; Multiple tenancy with 7 stores.; Three available retail spaces ranging from 1,900 to 3,155 square feet; 7,873 square feet currently vacant.
    Request Owner's contact information
    2301 Triphammer Rd Ithaca, NY 14850
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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
    2301 Triphammer Rd Ithaca, NY 14850
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