1982 State Route 32, Modena, NY 12548
This exceptional commercial property, situated on a highly visible 1.4-acre lot at 1982 State Route 32 in Modena, NY, presents a remarkable investment opportunity. The 1,636 square foot building sits on 164 feet of road frontage along the busy Route 32, ensuring high visibility and accessibility. Currently configured as a three-bedroom, one-bathroom home, the property's BD40 zoning allows for a diverse range of commercial uses, including office space, retail, or residential rentals. The possibilities are vast, making this an ideal choice for entrepreneurs and investors seeking a versatile property in a prime location. The property features oil heating and offers significant potential for expansion or redevelopment. Its strategic location on a major thoroughfare guarantees substantial exposure to a large customer base. The ample lot size provides ample parking and potential for future development. Don't miss this chance to acquire a versatile commercial property with significant upside potential in a thriving area. The combination of high traffic location, flexible zoning, and substantial lot size makes this a truly unique opportunity.
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.