Technical
Financial
Distress signals
Property profile

232 Grant Ave Auburn, NY 13021

OFF-MARKET
Land
0.6 ac lot
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Property summary

AI-generated overview

This exceptional 0.6-acre commercial land parcel presents a unique investment opportunity in Auburn, New York. Strategically located on Grant Avenue, the property enjoys unparalleled visibility and accessibility, situated directly across from Auburn Plaza, a thriving retail center anchored by national brands such as Marshall's, AC Moore, Harbor Freight, Planet Fitness, Bed Bath & Beyond, and Five Below. The site's prime location benefits from its proximity to a multitude of other established retailers including Walmart, Lowe's, Staples, BJ's Wholesale Club, Tractor Supply, and Big Lots, ensuring consistent high traffic volume. A diverse range of quick-service restaurants and financial institutions are also located nearby, further enhancing the property's desirability. The level, grassy lot is ready for development, offering significant potential for a variety of commercial uses. Auburn's robust economy is supported by major employers such as Auburn Community Hospital, the Department of Corrections, and the Auburn City School District, providing a stable and growing consumer base. This exceptional location within the main commercial corridor of Auburn makes this property an ideal investment for developers seeking high-impact visibility and strong return potential. The property is easily accessible and offers excellent visibility to a large volume of daily traffic. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving retail environment.

Property profile

Verified
Property type Land
Lot 0.6 ac (26,136 SF)

Cap rate & NOI

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

Location

232 Grant Ave Auburn, NY 13021
Auburn 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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