1220 Commercial Dr Farmington, NY 14425
Exceptional opportunity to own or lease a prime retail lot in Farmington, NY. This 5,500 square foot parcel, located at 1220 Commercial Drive, is ideally situated in the heart of Farmington's commercial district, boasting high visibility and convenient access. Neighboring businesses include CVS, Comfort Inn, and various restaurants and retail establishments, ensuring high foot traffic and strong brand synergy. The property is conveniently located within walking distance of new residential developments and existing homes, providing a robust customer base. Furthermore, its proximity to NYS Thruway exit 44 (within two miles) offers easy access for customers and employees. This lot is approved for up to 5,500 square feet of development and offers a build-to-suit option, allowing for customized construction to meet specific tenant needs. A flexible lease structure can be negotiated to accommodate various business models. Alternatively, the lot is available for purchase at $100,000. This presents a unique chance to establish a thriving business in a vibrant and growing community. The property is identified as Lot B.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.