Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    2022 State Route 32, Modena, NY 12548

    3.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.4-acre commercial land parcel presents a remarkable opportunity for investors and developers. Strategically located on State Route 32 in Modena, NY, this property boasts unparalleled visibility and accessibility due to its position near high-traffic businesses such as Stewart's, Dunkin' Donuts, Hannaford, and Dollar General. The site's prime location ensures significant exposure to a substantial daily traffic flow, making it ideal for a wide range of commercial ventures. The property includes two adjacent parcels, 101.1-2-16 and 17.1, totaling 3.4 acres. The zoning designation, BD-60/Light Business, allows for diverse commercial uses, providing flexibility for various development plans. While there are two existing structures on the property, they are currently in disrepair and may be considered for demolition or renovation depending on the chosen development. The property's frontage on State Route 32, coupled with its proximity to the intersection of State Routes 44/55, further enhances its strategic value and potential for attracting customers and clients. This is a rare opportunity to acquire a significant commercial land parcel in a thriving hamlet with excellent growth prospects. The asking price is $250,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.4 ac (148,104 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 2022 State Route 32?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message