Property profile

1982 State Route 32 Modena, NY 12548

OFF-MARKET
Commercial real estate
1,636 SF 1.4 ac lot Built 1957
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Year built 1957
Total area 1,636 SF
Lot 1.4 ac (60,984 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1982 State Route 32 Modena, NY 12548
Modena metro
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Value estimations

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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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