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    Property profile & analytics

    1805 Vestal Pkwy Vestal, NY 13850

    • Drive through restaurants
    • 1,768 SF
    • 0.42 lot acres
    For Sale
    View listing
    $420,000
    Value Estimation
    Last Sale
    May 12, 2022
    $350,000
    Location Intelligence
    Property ID
    US63-2271963
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 1805 Vestal Pkwy

    Year built
    2004
    Lot size
    0.42 lot acres
    Property size
    1,768 SF
    Zone code
    C-1
    Property type
    Drive through restaurants
    APN
    034800 158.13-1-29
    APU
    3480015813129

    Description

    This exceptional commercial property at 1805 Vestal Parkway East in Vestal, NY, presents a unique investment opportunity. Priced at $420,000, the building offers a versatile layout ideal for a variety of businesses. The street-level space has been completely renovated, providing a blank canvas for your vision. This area is ready for immediate occupancy and customization to suit your specific business needs. The lower level, previously used as a massage spa and health center, offers additional office space. This area retains its existing layout and is ready for immediate use or further modification. The property boasts ample parking, conveniently located at the front, sides, and rear of the building, ensuring convenient access for customers and employees. Its strategic location offers high visibility and easy access, situated near the Vestal Rail Trail, enhancing its appeal and accessibility. This property is perfect for an entrepreneur seeking a high-traffic location with significant potential for growth and development. The building's previous use as a Subway restaurant speaks to its prime commercial viability. Don't miss this chance to transform this adaptable space into your thriving business. The property is available for immediate possession.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $335,000
      7%
      $320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $335,000
      Mixed-Use
      $345,000
      Hospitality
      $315,000
      Educational
      $265,000
      Residential Income
      $350,000
      Energy
      $355,000
      Income-Based Land
      $345,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Vestal
    County
    Broome
    State
    New York
    Longitude
    -76.0223
    Latitude
    42.0935
    CBSA code
    13780
    CBSA name
    BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $225,500
    $134,500
    $360,000
    -
    $225,500
    $134,500
    $360,000

    Comparable in this City

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      3737 Vestal E Pkwy

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    • Value Estimation by Request
      1,932 SF

      3000 Vestal E Pkwy

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      3000 Vestal E Pkwy, Vestal, NY 13850-2029
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    • Value Estimation by Request
      2,794 SF

      3100 Ash Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,794 SF
      3100 Ash Rd, Vestal, NY 13850-2050
      View Details

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    Vestal, NY 13850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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