Property profile

845 Main Rd Irving, NY 14081

OFF-MARKET
Office Spaces
172,381 SF 30.8 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Total area 172,381 SF
Lot 30.8 ac (1,341,648 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

845 Main Rd Irving, NY 14081
Irving metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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