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    OFF-MARKET
    Lifestyle centers

    17 Dr, Central Square, NY 13167

    2,360 SF 27.88 ac lot Built 1992
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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