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    317 Genesee Street Rd Auburn, NY 13021

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    For Sale
    Contact for pricing

    1.17 Acres, Versatile Commercial/Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Auburn Towne Plaza, located at 317 Genesee Street in Owasco, NY (Cayuga County, zip code 13021), presents a unique opportunity for commercial or industrial development. This 1.173-acre parcel offers significant potential for a variety of uses. Its prime location on the west side of Auburn, NY, provides excellent visibility and accessibility, situated amongst established national retailers. The property features a signalized entrance for convenient ingress and egress, ensuring high traffic flow. Ample parking is available, catering to the needs of both employees and customers. The land's versatility allows for diverse development options, including warehousing, office space, and multiple pad sites ideally suited for restaurants or drive-thru businesses. This strategic location, combined with the property's features, makes Auburn Towne Plaza an exceptional investment opportunity for businesses seeking to establish a strong presence in a thriving market. The property's size provides ample space for expansion and customization, allowing for the creation of a tailored development to meet specific business requirements. This is a rare chance to acquire a significant commercial/industrial land parcel in a high-demand area.

    Property Features for 317 Genesee Street Rd

    General Information

    Property type
    Land
    Lot Size
    51,096 SF

    HighLights

    • Signalized entrance for convenient access.
    • Multiple pad sites available for diverse development.
    • Ample parking for employees and customers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Hotel & Motel Garden Center Pawn Shop Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Cayuga
    State
    New York
    Longitude
    -76.5872447
    Latitude
    42.922618

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    FAQs

    What type of property is this?
    Land - 1.17 Acres, Versatile Commercial/Industrial Land
    Where is this land located?
    The property is located at 317 Genesee Street Rd Auburn, NY.
    What are key features of this property?
    This property features: Signalized entrance for convenient access.; Multiple pad sites available for diverse development.; Ample parking for employees and customers.
    Request Owner's contact information
    317 Genesee Street Rd Auburn, NY 13021
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    Auburn, NY 13021
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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
    317 Genesee Street Rd Auburn, NY 13021
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