845 Main Rd, Irving, NY 14081
This exceptional 172,381-square-foot medical office building presents a unique development opportunity. Situated on a sprawling 30.8-acre lot in Irving, New York, this Class B property boasts a prime location at the intersection of Routes 5 and 20, offering convenient access to the NYS Thruway I-90 Silver Creek exit. Currently vacant, the property is zoned C and offers significant potential for redevelopment. The expansive site previously housed a hospital, medical offices, and a skilled nursing facility, providing a solid foundation for various projects. Its strategic location near local amenities, including bars, restaurants, and fast-food establishments, adds to its appeal. This property is ideally suited for multifamily development, affordable housing initiatives, or workforce housing projects, presenting a compelling investment opportunity in a vibrant community. The substantial square footage and ample land provide considerable flexibility for a wide range of development plans. This is a rare chance to acquire a large-scale property with significant upside potential in a desirable location. The property's history as a medical facility could also lend itself to continued use in the healthcare sector, depending on the buyer's vision. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.