2724 Lower Cincinnatus Rd Cincinnatus, NY 13040
This expansive 9,016 square foot commercial building presents a unique investment opportunity in Cincinnatus, NY. Situated on a 0.72-acre lot at 2724 Lower Cincinnatus Rd, this property offers significant potential for a variety of uses. Previously utilized as a retirement community, the interior is currently open to the studs, providing a blank canvas for a complete renovation. The substantial square footage allows for ample flexibility in design and layout, making it ideal for an apartment complex, a mixed-use development, or a single large business. Key features include a walk-in cooler and a commercial kitchen, suggesting past food service operations, though these require updating. The property boasts ample parking, a significant advantage in this location. The building's substantial size and versatile nature, combined with its convenient location, make this an exceptional opportunity for an investor or entrepreneur with a vision for redevelopment. The asking price of $98,000 reflects the need for renovation, presenting a potentially high-return investment for the right buyer. Serious inquiries are encouraged to explore the possibilities of this promising commercial property.
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
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.