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    Grant Ave Auburn, NY 13021

    Sponsored
    For Sale
    $575,000

    3.84 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional redevelopment opportunity encompasses four parcels totaling 3.84 acres on Grant Avenue (NY Route 5) in Auburn, NY. Boasting 253 feet of road frontage, this prime location sits within Auburn's main retail corridor, surrounded by major retailers including Walmart, Lowe's, BJ's, Bass Pro Shops, and Wegmans. The property's HC zoning permits diverse uses, making it ideal for retail, office, or mixed-use development. High traffic counts of 25,143 vehicles per day on Grant Avenue ensure significant visibility and accessibility. The vacant land presents a blank canvas for a lucrative investment, offering substantial potential for a developer seeking to capitalize on this strategic location and high-traffic area. The asking price is $575,000. This is a rare chance to acquire a substantial parcel in a thriving retail hub. The property is currently vacant, allowing for immediate development.

    Property Features for 0 Grant Ave

    General Information

    Property type
    Mixed-use properties
    Lot Size
    167,270 SF

    HighLights

    • $575,000 asking price for a vacant, mixed‑use redevelopment opportunity.
    • 3.84‑acre lot with HC zoning located on Grant Avenue (NY Route 5) in Auburn, NY.
    • Prime retail corridor location near major retailers including Walmart, Lowe's, BJ's, Bass Pro Shops, and Wegmans.
    • 253 feet of road frontage on Grant Avenue, boasting 25,143 vehicles per day (VPD).
    • Excellent redevelopment potential for retail, office, or mixed‑use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Auburn
    County
    Cayuga
    State
    New York
    Longitude
    -76.552033706946
    Latitude
    42.943067941729

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    FAQs

    What type of property is this?
    Mixed-use property - 3.84 Acres, High-Traffic Location
    Where is this mixed-use property located?
    The property is located at Grant Ave Auburn, NY.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: $575,000 asking price for a vacant, mixed-use redevelopment opportunity.; 3.84-acre lot with HC zoning located on Grant Avenue (NY Route 5) in Auburn, NY.; Prime retail corridor location near major retailers including Walmart, Lowe's, BJ's, Bass Pro Shops, and Wegmans.
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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
    Grant Ave Auburn, NY 13021
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