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    3662 Ny-281 Cortland, NY 13045

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space available.

    Lot size:
    12,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located within the vibrant Cortlandville Plaza, a 111,850 square foot shopping center situated at the intersection of SR 821 and McLean Road in Cortland County, New York. The property boasts a prime location northeast of Ithaca, ensuring high visibility and accessibility for potential customers. Currently, one retail space is available, totaling 12,750 square feet, perfect for a variety of businesses. The center enjoys strong anchor tenants, including Big Lots, Grossman's Bargain Outlet, and Kinney Drugs, creating a synergistic environment and driving significant foot traffic. This established shopping center offers a well-maintained facility with ample parking, providing a convenient and attractive shopping experience for patrons. The address is 3662 NY-281, Cortland, NY 13045. This space presents a unique chance to establish or expand a retail presence in a thriving commercial area within Cortland County. The property is categorized as multi-tenant retail, offering a dynamic and collaborative atmosphere. The location's strategic placement ensures easy access for customers and employees alike. This is an excellent opportunity for businesses seeking a high-visibility location in a well-established shopping center.

    Property Features for 3662 Ny-281

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,750 SF

    Unit(s) available at that property

    Space
    2
    Size
    12,750 SF

    HighLights

    • 12,750 SF retail space available in Cortlandville Plaza, a 111,850 SF shopping center.
    • Located at SR 821 & McLean Rd intersection in Cortland County, NY, northeast of Ithaca.
    • Strong anchor tenants include Big Lots, Grossman's Bargain Outlet, and Kinney Drugs.
    • Ample parking and a well‑maintained facility.
    • Address: 3662 NY‑281, Cortland, NY 13045.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cortland
    County
    Cortland
    State
    New York
    Longitude
    -76.2104311
    Latitude
    42.5834016

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available.
    Where is this retail property located?
    The property is located at 3662 Ny-281 Cortland, NY.
    What are key features of this property?
    This property features: 12,750 SF retail space available in Cortlandville Plaza, a 111,850 SF shopping center.; Located at SR 821 & McLean Rd intersection in Cortland County, NY, northeast of Ithaca.; Strong anchor tenants include Big Lots, Grossman's Bargain Outlet, and Kinney Drugs.
    Request Owner's contact information
    3662 Ny-281 Cortland, NY 13045
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    Cortland, NY 13045
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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
    3662 Ny-281 Cortland, NY 13045
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