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    570 Court St Binghamton, NY 13904

    Sponsored
    For Lease
    Contact for pricing

    0.73 Acres, High-Traffic Location, Redevelopment Potential

    Lot size:
    31,799 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.73-acre commercial land parcel presents a unique investment opportunity in Binghamton, New York. Located at 570 Court St, the property boasts 328 feet of frontage on Court Street and is conveniently situated near the intersection with Page Road. The site is zoned Business 2 - Entertainment (B-2-E), offering a wide range of permitted uses, including but not limited to motor vehicle repair, retail establishments, personal service businesses, restaurants, and trailer sales. Previously occupied by a two-story building that has since been demolished, this site is ready for immediate redevelopment or ground lease. An existing pylon sign is also available. The property's prime location, just 2.5 miles from the I-81 and I-86 interchanges, ensures high visibility and excellent access to major transportation routes, resulting in significant traffic counts. The Broome County Assessor's Parcel Number (APN) is 161.08-1-13. This versatile property is ideal for entrepreneurs and developers seeking a strategic location to establish or expand their business. The single-tenant zoning allows for a variety of development options, making this a highly attractive investment prospect. Don't miss this chance to acquire a prominent commercial site in a thriving area.

    Property Features for 570 Court St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,799 SF

    Unit(s) available at that property

    Space
    Size
    31,799 SF

    HighLights

    • Cleared 0.5‑acre lot, ready for new construction.
    • Prime location in a high‑growth area.
    • Excellent visibility from major thoroughfare.
    • Zoned for mixed‑use development.
    • Utilities readily available at the site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.856456425541
    Latitude
    42.104555040271

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    FAQs

    What type of property is this?
    Land - 0.73 Acres, High-Traffic Location, Redevelopment Potential
    Where is this land located?
    The property is located at 570 Court St Binghamton, NY.
    What are key features of this property?
    This property features: Cleared 0.5-acre lot, ready for new construction.; Prime location in a high-growth area.; Excellent visibility from major thoroughfare.
    Request Owner's contact information
    570 Court St Binghamton, NY 13904
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    Binghamton, NY 13904
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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
    570 Court St Binghamton, NY 13904
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