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    1 Corfu Plz Corfu, NY 14036
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    Property profile & analytics

    1 Corfu Plz, Corfu, NY 14036

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    • Grocery and convenience stores
    • 21,375 SF
    • 4.00 lot acres
    Grocery Store Plaza Revitalization Opportunity For Sale
    $500,000
    21,375 SF

    Grocery Store Plaza Revitalization Opportunity

    High-visibility plaza on 4 acres for revitalization or redevelopment.

    1 Corfu Plaza, Corfu, NY 14036
    View Listing
    Property ID
    US63-3649935
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Corfu Grange / Volunteer Organization / Community Center

    Property Details for 1 Corfu Plz

    Year built
    1970
    Lot size
    4.00 lot acres
    Property type
    Grocery and convenience stores
    APN
    184201 4.-1-11.1/1
    APU
    184201411111

    Description

    This distressed, vacant, 21,000 sq ft grocery store plaza in Corfu, NY, presents a significant redevelopment opportunity. Located on a 4-acre lot (174,240 sq ft) at 1 Corfu Plaza, 14036, this single-story, 1970-built Class C property offers substantial upside potential. Currently vacant, the property features three units and is zoned for both commercial and retail use, allowing for diverse redevelopment options, including multi-use complexes, specialty stores, or community centers. The asking price is $600,000 ($28.07/sq ft). The property's prominent location ensures high visibility and traffic flow, benefiting from the area's rapid residential and commercial growth. This presents an ideal investment for developers seeking to revitalize a community-focused retail space or for a company needing primary or ancillary packaging and distribution space. The property's distressed condition necessitates renovation, offering a blank canvas for creative redevelopment. Serious inquiries are invited, and creative financing options will be considered for qualified buyers. APN: 184201-004-000-0001-011-001-1.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $460,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $549,000
      Market price range: $549k - $1.24M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $830,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Corfu
    County
    Genesee
    State
    New York
    Longitude
    -78.4051
    Latitude
    42.9611
    CBSA code
    12860
    CBSA name
    BATAVIA, NY MICROPOLITAN 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
    $41,000
    $100,000
    $141,000
    -
    $47,126
    $114,943
    $162,069
    View Listing
    More about this property
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