406-432 Hamlin Clarkson Town Line Rd, Hamlin, NY 14464
This exceptional value-add retail investment opportunity presents a 24,816 square foot multi-tenant plaza situated on a 5.45-acre lot at 406-432 Hamlin Clarkson Town Line Rd, Hamlin, NY 14464. The property, built in 1983 and extensively renovated in 2023, boasts six units currently at 65% occupancy. A significant anchor tenant, Dollar Tree, occupies 10,000 square feet. The property consists of one single-story building. This offering includes an attractive adjacent 5.06-acre development parcel, presenting significant upside potential for expansion or future development. The property's prime location in Monroe County, northwest of Rochester, NY, offers excellent visibility and accessibility. The asking price for this multi-tenant retail plaza is $1,590,000. This is a rare opportunity to acquire a well-located, established retail center with significant growth potential. The property's recent renovation ensures modern amenities and long-term value. The substantial lot size and adjacent development parcel provide ample room for expansion or diversification. This investment is ideal for those seeking a strong return on investment in a thriving market.
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.