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    1025 County Road 64 Elmira, NY 14903

    Sponsored
    For Lease
    Contact for pricing

    Prime Elmira location, multiple spaces available.

    Lot size:
    290,981 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.68-acre property in Elmira, New York, presents a unique redevelopment or ground lease opportunity. Located at 1025 County Rd 64, 14903, this versatile site offers a mix of retail, office, and restaurant possibilities. The property's zoning allows for a variety of uses, including executive office space, fitness centers, convenience stores, and even hotel/motel development. Currently, there is one retail space immediately available. The expansive lot size provides ample room for new construction or expansion of existing structures. The property's strategic location in Elmira offers excellent visibility and accessibility, making it an ideal investment for businesses seeking a high-traffic area. This is a rare chance to acquire a significant parcel of land in a thriving New York community, perfect for both established businesses and ambitious entrepreneurs looking to build their brand. The property's multiple tenancy potential allows for diverse income streams and a flexible approach to development. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime commercial property in Elmira, NY.

    Property Features for 1025 County Road 64

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    290,981 SF

    Unit(s) available at that property

    Space
    Retail Pads
    Size
    290,981 SF

    HighLights

    • 6.68‑acre parcel.
    • BR zoning allows diverse commercial uses.
    • Suitable for restaurant development.
    • Ideal for a convenience store.
    • Fitness center opportunity.
    • Hotel/motel development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.86541
    Latitude
    42.15791

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    FAQs

    What type of property is this?
    Restaurant - Prime Elmira location, multiple spaces available.
    Where is this restaurant located?
    The property is located at 1025 County Road 64 Elmira, NY.
    What are key features of this property?
    This property features: 6.68-acre parcel.; BR zoning allows diverse commercial uses.; Suitable for restaurant development.
    Request Owner's contact information
    1025 County Road 64 Elmira, NY 14903
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    Elmira, NY 14903
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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
    1025 County Road 64 Elmira, NY 14903
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