1531 Ny-332 Farmington, NY 14425
This exceptional commercial property, located at 1531 State Route 332 in Farmington, NY, presents a unique investment opportunity. The 3.5-acre lot boasts 600 feet of frontage on the heavily trafficked State Route 332, a major thoroughfare connecting Rochester and Canandaigua. The property includes a 2,500 square foot building, currently configured as an auto repair shop, and is available for lease on an annual basis. All utilities are readily available, including water, sewer, gas, and electric. The site benefits from excellent visibility and accessibility, with convenient access to State Route 332 and a signalized intersection with County Road 41. Its strategic location is further enhanced by its proximity to State Route 96 and Thruway exit 44. According to 2019 NYS DOT data, this section of State Route 332 experiences an average daily traffic count of 25,076 vehicles, ensuring high exposure for any business operating on the site. The property is zoned for commercial use and offers significant potential for a variety of retail or commercial ventures. The existing building provides immediate income potential, while the ample land offers room for expansion or redevelopment. This is a rare opportunity to acquire a well-located commercial property in a thriving market. The property's size, location, and high traffic volume make it an ideal investment for both established businesses and new ventures.
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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
Similar Nearby for Lease
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.