5518 State Route 55 Liberty, NY 12754
- Office buildings
- 2,520 SF
- 0.67 lot acres
Current Use by Public Records
- Office buildings
Property Details for 5518 State Route 55
- Year built
- 1990
- Lot size
- 0.67 lot acres
- Property size
- 2,520 SF
- Zone code
- C
- Property type
- Office buildings
- APN
- 483601 117.-2-1
- APU
- 48360111721
Description
This exceptional 2,520 square foot commercial building is situated on a highly visible, heavily trafficked corner lot in Liberty, NY. The property boasts 0.67 acres of land, including a large parking area accommodating 15 or more vehicles. The custom-designed structure currently features a layout suitable for a medical office, with six or more exam rooms (some with sinks), multiple reception areas, waiting rooms, and three restrooms. However, the flexible floor plan allows for a variety of uses, including but not limited to: daycare center, spa, personal care center, classrooms, art studio, consulting business, engineering firm, or real estate office. The building is zoned for commercial use and also permits mixed-use or residential applications, as detailed in the provided documentation. Existing features include oil-fired heating, security system, phone lines, internet access, and central air conditioning. The property's strategic location near Achieve Rehab & Nursing Facility, Ahava Medical Center, and various other businesses ensures high visibility and accessibility. This turnkey opportunity presents significant potential for immediate occupancy and diverse business ventures. The building's adaptable design and prime location make it an exceptional investment in a thriving commercial area. Don't miss this chance to own a versatile and well-equipped property in a sought-after Liberty, NY location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $285,000
- 6.5%
- $290,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $250,000
- Mixed-Use
- $270,000
- Hospitality
- $310,000
- Educational
- $290,000
- Residential Income
- $310,000
- Energy
- $295,000
- Income-Based Land
- $260,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Liberty
- County
- Sullivan
- State
- New York
- Longitude
- -74.7528
- Latitude
- 41.7947