Technical
Financial
Distress signals
Property profile

6279 Hornell Rd Hornell, NY 14843

OFF-MARKET
Office Spaces
7,160 SF 1.7 ac lot Built 2000
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Property summary

AI-generated overview

This exceptional mixed-use office building presents a compelling investment opportunity in Hornell, NY. The 7,160 square foot, Class B property, built in 2000, sits on a 1.7-acre lot with convenient access to State Route 36. Currently operating at 50% occupancy, the building features three suites, offering flexibility for owner-users and investors. Two long-term tenants are in place: a survey company (approximately 1,160 sq ft, 20 years in building) and a non-profit daycare/childcare service (approximately 3,000 sq ft, two-year lease with a two-year renewal option). A vacant 3,000 sq ft suite provides significant potential for expansion or additional rental income. The property boasts a clear-span design, full AC and sprinkler system, a storage shed, and ample parking. Recent improvements include new metal roofs (Suites A & B, September 2024) and a rubber roof (Suite C, 2021), as well as a recently sealed parking lot (July 2023). The property utilizes public water and a private septic system. The asking price is $399,900 ($55.85/sq ft), making this a highly attractive investment opportunity in a strong location with an average annual daily traffic count of 7,040 (2020 data). The property is zoned for commercial use. This is a for-sale-by-owner opportunity.

Property profile

Verified
Property type Office Spaces
Year built 2000
Total area 7,160 SF
Lot 1.7 ac (74,052 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
  • Physician Medical Clinic
  • Medical Clinic
  • Physician
  • Physician
  • Physician

Location

6279 Hornell Rd Hornell, NY 14843
Hornell metro
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Value estimations

Realmo proprietary · 4 methods
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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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