Property profile

949 Ny-36 Hornell, NY 14843

OFF-MARKET
Land
9.5 ac lot
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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

Location

949 Ny-36 Hornell, NY 14843
Hornell metro
Google Maps

Value estimations

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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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