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Property profile

708 New York State Hwy Oneonta, NY 13820

OFF-MARKET
Neighborhood centers
85,580 SF Built 1990

Property summary

AI-generated overview

This exceptional Class A retail property, Hannaford Plaza, presents a rare opportunity in Oneonta, NY's thriving South Side submarket. Located at 708 New York State Highway 28, this 85,580 square foot neighborhood center boasts a prime location, offering excellent visibility and accessibility. Currently featuring multiple tenants, including national brands like Hannaford, NBT Bank, Sherwin Williams, and Dollar Tree, this property benefits from strong co-tenancy. The 17.83-acre lot provides ample parking and potential for future expansion. Built in 1990 and zoned for commercial use, the property is situated in Otsego County, within easy reach of Southside Mall, Walmart, Home Depot, and Lowe's, ensuring high traffic volume and customer exposure. While one square foot is currently vacant, this presents a unique opportunity for a smaller business to join this established and successful retail center. The property's strong tenant mix and strategic location make it an ideal investment for discerning buyers seeking a high-return opportunity in a vibrant market. The property is classified as a Neighborhood Center and offers a single suite. This is a chance to secure a place in a well-established and successful retail destination. The property's location on a popular corridor in Oneonta guarantees high visibility and foot traffic.

Property profile

Verified
Property type Neighborhood centers
Year built 1990
Total area 85,580 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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