Property profile

17 Dr Central Square, NY 13167

OFF-MARKET
Lifestyle centers
2,360 SF 27.88 ac lot Built 1992
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Property summary

AI-generated overview

This 27.88-acre vacant shopping center property, located at 17-32 Lou S Dr in West Monroe, NY (13167), presents a significant redevelopment opportunity. The property, built in 1992, consists of three single-story buildings totaling 2,360 square feet of net rentable space. Currently vacant, it offers a unique chance to capitalize on its prime location. Situated right off Interstate-81, Exit 32, and minutes from the Micron Chip Plant, this site enjoys exceptional visibility and accessibility. The property features ample parking (200 spaces) and is zoned Commercial (Com). The lot size is substantial, allowing for diverse development options, including retail, hospitality, a shopping plaza, grocery store, medical facility, or heavy equipment businesses. This fast-growing community offers significant potential. Public sewer is under development, and natural gas is anticipated soon. The asking price is $2,755,000, and the property is offered with a gross lease type and credit-rated tenant requirements for future tenants. The property includes three buildings and has a multi-tenant capacity.

Property profile

Verified
Property type Lifestyle centers
Year built 1992
Total area 2,360 SF
Lot 27.88 ac (1,214,453 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17 Dr Central Square, NY 13167
Central Square metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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