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    OFF-MARKET
    Land

    949 Ny-36, Hornell, NY 14843

    9.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.5-acre commercial land parcel presents a rare development opportunity in Hornell, New York. Located at 949 NY-36, this prime corner lot boasts a highly desirable location within a major retail hub, offering unparalleled visibility and accessibility. The property is situated directly across from a concentration of established national retailers including Lowe's, Walmart, Wegmans, Dunkin' Donuts, McDonald's, and Applebee's, ensuring high traffic volume and strong consumer demographics. Its proximity to a new St. James/UR Medical Hospital and a local high school further enhances its appeal. The site is zoned for Special Permit, allowing for a variety of development options, including retail, hospitality, and convenience stores. Public water and sewer are readily available. With approximately 9,516 average annual daily traffic counts on State Route 36 (2020 data), this location offers exceptional exposure. The property's tax map ID is 136.18-01-002.220. This is the last undeveloped corner lot of this size in the area, making it a truly unique investment opportunity. The property is also conveniently located one mile from Interstate 86 Exit 34A, serving a large radius including Alfred College and Alfred University. The asking price is $950,000.

    Property profile
    Verified
    Property type Land
    Lot 9.5 ac (413,820 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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