116 Jensen RdVestal, NY 13850

Property Details for 116 Jensen Rd

Year built

2006

Lot size

1.58 AC

Property size (Sq ft)

9,264 SF

Zone code

CD

Property type

Office properties

Property subtype

Office buildings

APN

034800 158.11-2-44

APU

3480015811244

Description

This exceptional Class A medical office building, located at 116 N Jensen Rd, Vestal, NY 13850, offers 9,264 square feet on a 1.58-acre lot. The single-tenant space comprises 2,376 square feet, perfectly suited for a medical practice. The property boasts a fully renovated interior featuring three exam rooms, two consultation offices, a reception area, a lab, and a conference room. High-quality upgraded finishes ensure immediate occupancy. Ample on-site parking is available, complemented by a convenient covered drive-up entrance. Excellent visibility is guaranteed, with prominent placement visible from Vestal Parkway and across from a major retailer. Signage opportunities are available on the monument sign. This property presents a rare opportunity to acquire a turnkey medical office building in a high-traffic, desirable location. The building is a single-story structure.

• CAP approach

  CAP return

  Valuation

  6%

  $1,429,898

  6.5%

  $1,319,906

  7%

  $1,225,627

• Comparable approach

  Method

  Valuation

  Relative Method

  $710,359

  Geo Method

  $1,210,434

• Alternative Use

  Use

  Valuation

  Residential

  $1,636,684

  Hospitality

  $1,499,194

  Educational

  $1,247,311

  Medical

  $1,290,208

  Retail

  $1,940,262

Location Insight

City

Vestal

County

Broome

State

New York

Latitude

42.0976

Longitude

-75.9949

CBSA code

13780

CBSA name

BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.