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    2488 Ny-414 Waterloo, NY 13165

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    For Sale
    Contact for pricing

    1.13-acre lot, prime Finger Lakes location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.13-acre commercial land parcel presents a unique investment opportunity in Waterloo, New York. Strategically located at 2488 NY-414, the property enjoys high visibility and accessibility, situated next to a thriving McDonald's and a Walmart. This prime location benefits from significant daily traffic and strong consumer presence, making it ideal for a variety of commercial ventures. Waterloo's central location within the Finger Lakes region, between Rochester, Syracuse, and Ithaca, ensures a robust regional market. The town's convenient access to the New York State Thruway (exit 41, just five miles away) further enhances its appeal. The property's proximity to the intersection of Routes 5, 20, and 96 provides excellent connectivity and exposure to a large customer base. The previous use of the adjacent lot as a car wash indicates established infrastructure and potential for similar businesses. This parcel offers significant potential for developers and investors seeking a high-traffic, well-located site in a thriving community. The 1.13-acre size provides ample space for a variety of commercial developments, catering to the needs of the local market and beyond. This is a rare opportunity to acquire a commercial lot in a desirable location with strong existing infrastructure and high visibility. The property is zoned for commercial use (verification required).

    Property Features for 2488 Ny-414

    General Information

    Property type
    Land
    Lot Size
    49,223 SF

    HighLights

    • 1.13‑acre commercial land parcel in Waterloo, NY.
    • Located on NY‑414.
    • Adjacent to a McDonald's and a Walmart.
    • Situated in the Finger Lakes region, near NYS Thruway exit 41.
    • Centrally located between Rochester, Syracuse, and Ithaca, NY.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Seneca
    State
    New York
    Longitude
    -76.8370941
    Latitude
    42.9046219

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    Nearby Similar for Sale

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      Waterloo Investment Opportunity

      Three-unit building with storefront/bar and apartments in Waterloo, NY.
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      Two-Apartment House with Hardwood Detail

      Two-apartment house with hardwood detail, minutes from downtown.
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    FAQs

    What type of property is this?
    Land - 1.13-acre lot, prime Finger Lakes location
    Where is this land located?
    The property is located at 2488 Ny-414 Waterloo, NY.
    What are key features of this property?
    This property features: 1.13-acre commercial land parcel in Waterloo, NY.; Located on NY-414.; Adjacent to a McDonald's and a Walmart.
    Request Owner's contact information
    2488 Ny-414 Waterloo, NY 13165
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    Waterloo, NY 13165
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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
    2488 Ny-414 Waterloo, NY 13165
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