Property summary
This exceptional commercial land parcel, located at 79 North Street in Cortland, New York (zip code 13045), presents a unique development opportunity. Priced at $299,000, the property is zoned for commercial business use and offers significant advantages for prospective developers. The site boasts pre-approval for a building up to 5,700 square feet, incorporating a convenient drive-thru option. A dedicated curb cut is already in place, streamlining the development process. Situated on NY-38, this location benefits from high visibility and significant traffic volume, with an average annual daily traffic count (AADT) of 11,847 vehicles. Its strategic position midway between Ithaca and Cortland, NY, places it within easy reach of a substantial population base. Furthermore, the property's proximity to Tompkins County Community College (TC3), Cortland State, Cornell University, and Ithaca College ensures a consistent flow of potential customers. This is a rare opportunity to acquire a well-situated, commercially zoned lot with pre-approved plans, making it ideal for a variety of businesses seeking high visibility and convenient access. The property is adjacent to a Walgreens, further enhancing its desirability and potential for success.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.