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    3701 Vestal Pkwy Vestal, NY 13850

    Sponsored
    For Lease
    Contact for pricing

    Vestal, NY: Prime Retail Opportunity

    Lot size:
    160,744 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Campus Plaza, located at 3701 Vestal Parkway East in Vestal, NY (zip code 13850), presents a compelling retail investment opportunity. This 160,744 square foot neighborhood/community center, built in 1990, sits on a sizable 17.65-acre lot and boasts 3,200 parking spaces. Currently, there are three available retail spaces ranging from 2,496 to 13,205 square feet, totaling 19,993 square feet of vacant space. The property is zoned C-2 and is situated in Broome County. Its strategic location offers exceptional visibility and accessibility. With over 37,000 vehicles passing daily on Vestal Parkway, the center benefits from high traffic counts. Furthermore, its proximity to Route 17/86 and Route 201 ensures convenient access for customers. The center is anchored by Olum's Furniture & Appliance and includes national retailers such as Rite Aid, Goodwill, AAA, and Applebee's. A significant advantage is its proximity to SUNY Binghamton University, with a student population exceeding 25,000, providing a substantial and readily available customer base within walking distance. This combination of strong anchors, high visibility, convenient access, and a large student population makes Campus Plaza an attractive investment for retail businesses seeking a thriving location in Vestal, New York.

    Property Features for 3701 Vestal Pkwy

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    160,744 SF

    Building Details

    Year Built
    1990

    Unit(s) available at that property

    Space
    1st Floor, Suite 4
    Size
    13,205 SF
    Space
    1st Fl, Ste 14
    Size
    2,496 SF
    Space
    1st Floor, Suite 15
    Size
    4,232 SF

    HighLights

    • 160,744 SF neighborhood center on 17.65 acres in Vestal, NY (13850).
    • 19,993 SF of available retail space in three units (2,496 SF - 13,205 SF).
    • Strong anchors including Olum's Furniture & Appliance, Rite Aid, Goodwill, AAA, and Applebee's.
    • High visibility location on Vestal Parkway with over 37,000 vehicles daily, near Route 17/86 and Route 201.
    • Proximity to SUNY Binghamton University (25,000+ students).
    • 3,200 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horizons Federal Credit ... Credit Union Norman A. Singer, RPH Pharmacy Goodwill NYNJ Store ... Thrift Store Amazon Counter – Staples Shipping And Mailing Service UPS Alliance Shipping ... Shipping And Mailing Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Vestal
    County
    Broome
    State
    New York
    Longitude
    -75.9832663
    Latitude
    42.0976817

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    FAQs

    What type of property is this?
    Community center - Vestal, NY: Prime Retail Opportunity
    Where is this community center located?
    The property is located at 3701 Vestal Pkwy Vestal, NY.
    What are key features of this property?
    This property features: 160,744 SF neighborhood center on 17.65 acres in Vestal, NY (13850).; 19,993 SF of available retail space in three units (2,496 SF - 13,205 SF).; Strong anchors including Olum's Furniture & Appliance, Rite Aid, Goodwill, AAA, and Applebee's.
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    3701 Vestal Pkwy Vestal, NY 13850
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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
    3701 Vestal Pkwy Vestal, NY 13850
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