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    1235 Commercial Dr Farmington, NY 14425

    Sponsored
    For Sale
    $175,000

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

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.118-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, designated as Lot 5 on the rendering, benefits from an easement over Lot 4, ensuring convenient access. Preliminary approvals are in place for a building up to 8,400 square feet, making it perfect for a variety of office or service-based businesses. Its strategic location offers unparalleled convenience, being just one mile from NYS Thruway exit 44 and less than a quarter-mile from the intersection of State Route 332. The Village of Victor is a short four-mile drive away, providing easy access to additional amenities and a thriving community. This property represents a rare opportunity to establish a strong presence in a desirable and accessible location. The land is ready for immediate development, allowing for a swift and efficient construction process. Don't miss this chance to secure a prime commercial lot in a rapidly growing area. The address is 1235 Commercial Dr, Farmington, NY 14425, within Ontario County.

    Property Features for 1235 Commercial Dr

    General Information

    Property type
    Land
    Lot Size
    48,700 SF

    HighLights

    • 1.118‑acre commercial lot in Farmington, NY, priced at $175,000.
    • Lot 5 with easement access via Lot 4.
    • Preliminary approvals for an 8,400 sq ft building.
    • One mile from NYS Thruway exit 44 and less than a quarter‑mile from Route 332.
    • Four miles from the Village of Victor.
    • Ready for immediate development at 1235 Commercial Dr, Farmington, NY 14425 (Ontario County).
    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 Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Ontario
    State
    New York
    Longitude
    -77.3525752
    Latitude
    42.9755267

    Nearby Comparable

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      Farmington Commercial Land - $175K

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      Farmington Commercial Land - $175K

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      Farmington NY Commercial Land Plot

      Build-to-suit lot, prime location, $300,000
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    • $175,000

      Commercial Lot on Commercial Drive

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      1245 Commercial Dr, Farmington, NY 14425
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    • $175,000

      Commercial Lot on Commercial Drive

      Subdivided lot suitable for office or service business.
      1235 Commercial Dr, Farmington, NY 14425
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    • $85,000

      Commercial Lot in Farmington District

      Subdivided lot suitable for restaurant, office, or service business.
      1220 Commercial Dr, Farmington, NY 14425
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    • $300,000

      Commercial Lot on Route 96

      New subdivided lot available for sale on Commercial Drive.
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    • $2,200,000

      Prime Land on State Route

      Highly visible land with access to major routes.
      1200 State Route 332, Farmington, NY 14425
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    • $125,000
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      Commercial Lot on Route 332

      Commercial lot suitable for office, medical, retail, or service uses.
      1386 Hathaway Dr, Farmington, NY 14425
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    • $100,000
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      Hathaway Drive Commercial Land

      1.65-acre office land, utilities available
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    Nearby Similar for Sale

    • $439,990
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    • $500,000
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    FAQs

    What type of property is this?
    Land - 1.118-acre lot, build-to-suit option.
    Where is this land located?
    The property is located at 1235 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: 1.118-acre commercial lot in Farmington, NY, priced at $175,000.; Lot 5 with easement access via Lot 4.; Preliminary approvals for an 8,400 sq ft building.
    Request Owner's contact information
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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
    1235 Commercial Dr Farmington, NY 14425
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