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    7451 Seneca Rd Hornell, NY 14843

    Sponsored
    For Lease
    $5 SF/Yr

    Two retail spaces available for lease.

    Lot size:
    27,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This thriving Hornell, NY shopping plaza offers two exceptional retail spaces for lease. One space, a former Sears, boasts 11,000 square feet of move-in-ready space, featuring an open floor plan, a rear restroom, an office, and a small warehouse area with a loading dock. The second space offers 16,000 square feet of clean, open space with a small front office. While lacking a rear loading dock, this space is ideal for businesses with minimal rear deliveries. Both spaces are situated in a bustling plaza anchored by Dollar General, Advanced Auto, Harbor Freight, and an end-cap warehouse, ensuring high visibility and foot traffic. The plaza's strategic location, adjacent to a hospital and surrounded by numerous businesses and restaurants, guarantees a strong customer base. The property sits on 17.5 acres and benefits from significant traffic counts, exceeding 7703 AADT in 2021. This Class C retail property presents a fantastic opportunity for businesses seeking a prime location in a growing market. The flexible space is suitable for various retail or restaurant concepts, offering a minimum of 11,000 and a maximum of 16,000 contiguous square feet across two suites within the building. The property is located at 7451 Seneca Rd N, Hornell, NY 14843.

    Property Features for 7451 Seneca Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,000 SF
    Class
    C

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    16,000 SF
    Rate per SF
    $11
    Space
    Size
    11,000 SF
    Rate per SF
    $8

    HighLights

    • Two retail spaces available for lease totaling 27,000 square feet in a Hornell, NY shopping plaza.
    • One space offers 11,000 SF with an open floor plan, restroom, office, and small warehouse with loading dock.
    • Second space offers 16,000 SF of open space and a small front office.
    • Strong anchor tenants include Dollar General, Advanced Auto, and Harbor Freight, ensuring high visibility and traffic.
    • Located on 17.5 acres with over 7,703 AADT (2021) and near a hospital and other businesses.
    • Class C retail property, ideal for various retail or restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Advance Auto Parts Auto Parts Store Harbor Freight Tools Hardware Store Sears Appliance Repair Appliance Repair Service Western Union Money Transfer Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hornell
    County
    Steuben
    State
    New York
    Longitude
    -77.666667275784
    Latitude
    42.36140773512

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    FAQs

    What type of property is this?
    Office Property / Space - Two retail spaces available for lease.
    Where is this office property / space located?
    The property is located at 7451 Seneca Rd Hornell, NY.
    What is the lease rate?
    The lease rate is $8-$11 SF/Yr.
    What are key features of this property?
    This property features: Two retail spaces available for lease totaling 27,000 square feet in a Hornell, NY shopping plaza.; One space offers 11,000 SF with an open floor plan, restroom, office, and small warehouse with loading dock.; Second space offers 16,000 SF of open space and a small front office.
    Request Owner's contact information
    7451 Seneca Rd Hornell, NY 14843
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    Hornell, NY 14843
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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
    7451 Seneca Rd Hornell, NY 14843
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