Multi-Building Retail Land
92 Grant Ave Auburn, NY 13021
For Sale
Contact for pricing
Multi-building commercial land parcel totaling 2.1 acres and featuring multiple buildings on-site.
Property Size4,165 SF
Lot Size2.10 Acres
Price / SF$120.02
Days on Market14
Property Features for 92 Grant Ave
General Information
Standard status
Active
Size
4,165 SF
Lot size
2.10 Acres
Property subtype
RETAIL
Listing Agency:
Donovan Real Estate Services
(716) 998-2943
Listed By:
Brian P Donovan · License #10491202934
Source:
Moodyscre
Added: Jul 16
Changed: Jul 26
Last Checked: Jul 28 at 12:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Donovan Real Estate Services
Investment Insights
Based on property information with market context.
The property is a multi-building retail land parcel totaling 2.1 acres. It includes multiple buildings on the site, offering flexibility for a variety of uses that fit the existing improvements.
The offering is for sale and located at 92 Grant Ave in Auburn, NY 13021.
As currently configured, the site provides more than one structure within the lot for prospective buyers to evaluate for current use, redevelopment, or adaptive reuse opportunities consistent with applicable rules and requirements.
The offering is for sale and located at 92 Grant Ave in Auburn, NY 13021.
As currently configured, the site provides more than one structure within the lot for prospective buyers to evaluate for current use, redevelopment, or adaptive reuse opportunities consistent with applicable rules and requirements.
Key Highlights
- 2.1‑acre commercial land parcel
- Multiple buildings on‑site
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.5k | $15.00 |
| − Vacancy | −$2.6k | −$0.63 |
| EGI | $59.9k | $14.37 |
| − OpEx | −$18.0k | −$4.31 |
| NOI | $41.9k | $10.06 |
4,165 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$598.5K
$523.7K – $698.3K
NOI $41,896 @ 7.0% cap · market cap 8.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$923.1K
$807.7K – $1.08M
NOI $64,614 @ 7.0% cap · market cap 12.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Multi-building commercial land parcel totaling 2.1 acres and featuring multiple buildings on-site.
Where is this commercial land located?
The property is located at 92 Grant Ave Auburn, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2.1‑acre commercial land parcel; Multiple buildings on‑site
