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    197 North St Rochester, NY 14604

    Sponsored
    For Sale
    $825,000

    2.13-acre commercial land, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.13-acre commercial land parcel presents a remarkable development opportunity in Auburn, New York. Located at 197 North Street (NY-34), this property sits at the signalized intersection with Standard Avenue, offering unparalleled access to Grant Avenue (NY-5 & 20), a major thoroughfare boasting an impressive 25,143 vehicles per day. The site's strategic position within Auburn's busiest retail corridor is further enhanced by its proximity to key attractions and amenities. Less than 0.4 miles away is Prison City North Street (Urban Farm Brewing), drawing over 120,000 visitors annually. Additionally, the Auburn Community Hospital and a new $14 million cancer treatment center are under construction within 0.38 miles, ensuring a robust and growing population base. The property benefits from a Department of Transportation-approved new traffic light, further improving accessibility and visibility. This vacant lot offers significant potential for a drive-thru establishment and other commercial ventures, making it an ideal investment for developers seeking a high-traffic, high-visibility location. The asking price for this prime development site is $825,000. The property is located in Monroe County, New York, with a zip code of 14604.

    Property Features for 197 North St

    General Information

    Property type
    Land
    Lot Size
    92,783 SF

    HighLights

    • Excellent development potential.
    • Prime Auburn location at North Street & Standard Avenue, offering direct Route 5 & 20 access (Grant Avenue, 25,143 VPD) in a high‑traffic retail area.
    • Standard Avenue directly connects to Route 5 & 20 (Grant Avenue, 25,143 VPD).
    • 0.3 miles from Prison City/Urban Farm Brewing (120,000+ annual visitors).
    • 0.38 miles from Auburn Community Hospital and a new $14 million cancer center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6026971
    Latitude
    43.1618368

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    FAQs

    What type of property is this?
    Land - 2.13-acre commercial land, high traffic area.
    Where is this land located?
    The property is located at 197 North St Rochester, NY.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: Excellent development potential.; Prime Auburn location at North Street & Standard Avenue, offering direct Route 5 & 20 access (Grant Avenue, 25,143 VPD) in a high-traffic retail area.; Standard Avenue directly connects to Route 5 & 20 (Grant Avenue, 25,143 VPD).
    Request Owner's contact information
    197 North St Rochester, NY 14604
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    Rochester, NY 14604
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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
    197 North St Rochester, NY 14604
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