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Property profile & analytics
OFF-MARKET
Land

4524 Commercial Dr New Hartford, NY 13413

2.08 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.08-acre commercial land parcel presents a remarkable development opportunity in the thriving New Hartford, NY retail district. Located at 4524 Commercial Drive, this strategically positioned site boasts a prime location at a signalized intersection providing excellent visibility and accessibility. The property is situated at the entrance to the Sangertown Square Mall, a major shopping destination anchored by prominent national retailers such as Target, Boscov's, Dick's Sporting Goods, and HomeGoods. The surrounding area is densely populated with additional major retailers including Hannaford, Advance Auto Parts, Planet Fitness, Market 32, Texas Roadhouse, and Hobby Lobby, ensuring high foot traffic and consumer density. The property's C-3 zoning allows for a wide range of commercial development possibilities, making it ideal for a variety of uses. With its exceptional location, high visibility, and significant traffic counts, this property offers an unparalleled opportunity for investors and developers seeking a prime location in a bustling retail environment. The APN is 328.008-1-12.5. The property is designated as single tenancy and the lot size is 2.08 acres. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand area.

Property profile
Verified
Property type Land
Lot 2.08 ac (90,605 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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