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    1255 Commercial Dr Farmington, NY 14425

    Sponsored
    For Sale
    $175,000

    1.017-acre lot, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.017-acre commercial lot is ideally situated on Commercial Drive in Farmington, New York, offering a prime opportunity for development. Priced at $175,000, this parcel presents a unique chance to build to suit your specific business needs. The lot is conveniently located off Route 96, providing easy access to major transportation arteries. It boasts preliminary approval for a building up to 7,980 square feet, making it perfect for a variety of office or service-based businesses. The property's strategic location offers significant advantages, being just one mile from NYS Thruway exit 44 and less than a quarter-mile from the intersection of State Route 332. Furthermore, the Village of Victor is only four miles away, providing access to a wider range of amenities and services. This lot, designated as Lot 3 on the rendering, represents a rare opportunity to establish a thriving business in a highly accessible and desirable location within Ontario County. The seller is open to build-to-suit options, allowing for customized construction to meet your specific requirements. Don't miss this chance to secure this exceptional commercial land parcel. The address is 1255 Commercial Dr, Farmington, NY 14425.

    Property Features for 1255 Commercial Dr

    General Information

    Property type
    Land
    Lot Size
    44,301 SF

    HighLights

    • $175,000 asking price.
    • 1.017‑acre commercial land parcel.
    • Located in Farmington, NY, at 1255 Commercial Dr, 14425.
    • Preliminarily approved for up to 7,980 sq ft building; ideal for office or service business.
    • Excellent location: one mile from NYS Thruway exit 44 and less than a quarter mile from Route 332; four miles to the Village of Victor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Ontario
    State
    New York
    Longitude
    -77.3526364
    Latitude
    42.9751352

    Nearby Comparable

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      Prime Land on State Route

      Highly visible land with access to major routes.
      1200 State Route 332, Farmington, NY 14425
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      Commercial Lot on Route 332

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1.017-acre lot, build-to-suit option.
    Where is this land located?
    The property is located at 1255 Commercial Dr Farmington, NY.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: $175,000 asking price.; 1.017-acre commercial land parcel.; Located in Farmington, NY, at 1255 Commercial Dr, 14425.
    Request Owner's contact information
    1255 Commercial Dr Farmington, NY 14425
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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
    1255 Commercial Dr Farmington, NY 14425
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