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    OFF-MARKET
    Office Spaces

    845 Main Rd, Irving, NY 14081

    172,381 SF 30.8 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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