949 Ny-36, Hornell, NY 14843
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.