5743 Telephone Road Ext Cincinnatus, NY 13040
This exceptional 8,000-square-foot retail building presents a compelling investment opportunity in Cincinnatus, New York. Situated on a 1.51-acre lot, the property boasts excellent visibility and exposure due to its frontage and pylon sign on Telephone Road Extension. Constructed in 2013, the building features ample parking with 29 spaces and is zoned C-Commercial, offering versatility for a range of retail uses. The property's recent occupancy by Family Dollar demonstrates its suitability for retail operations. Its location in the Town of Cincinnatus provides access to a local market while also benefiting from its strategic position as an infill location between the larger communities of Cortland, Norwich, and Whitney Point. The asking price is $500,000. The property's APN is 123.05-01-10.000. This free-standing building offers significant potential for a variety of retail businesses seeking a well-located and visible presence in a growing market. The property's size, parking, and zoning make it an attractive option for both established businesses and new ventures.
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.