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Property profile & analytics
OFF-MARKET
Investment properties

1 Plz Dr Auburn, NY 13021-8326

6,000 SF 3.49 ac lot Built 2003
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US63-1102548
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,000 square foot retail building situated on a one-acre lot at 1 Plaza Drive in Auburn, New York. Boasting a high-traffic location on Grant Avenue (NY Route 5), the property sees an estimated 17,000+ vehicles daily. Its prime retail corridor location places it in close proximity to established businesses such as BJ's Wholesale Club, Staples, Chipotle, and Napa Auto Parts, ensuring high visibility and foot traffic. The property is currently leased to Panera Bread, a nationally recognized and financially stable corporation with over 1900 locations nationwide. This corporate lease provides a strong, reliable income stream for investors seeking a secure, long-term investment. Panera Bread's established brand and proven business model, encompassing dine-in, drive-thru, and delivery services, contributes to its consistent success and makes this a low-risk, high-reward opportunity. The asking price for this exceptional property is $2,795,000. This presents a compelling investment opportunity in a thriving retail location with a highly reputable tenant. The property's strategic location and the strength of the tenant combine to offer significant potential for both short-term and long-term returns.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2003
Total area 6,000 SF
Lot 3.49 ac (152,024 SF)
Zoning code C
APN 055200 109.02-1-23.111
UPID US63-1102548
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chipotle Mexican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Arete P 455 Un Ave LLC · 1 yrs held
Arete P 455 Un Ave LLC
since 2025
Last sale
$3.6M
2 recorded transactions
2025
$3.6M
2023
Price N/A
Zoning & alternative use
C · Auburn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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