1020 Ctr St Horseheads, NY 14845-2774
Property profile & analytics
1020 Ctr St Horseheads, NY 14845-2774
- Super regional malls
- 248,126 SF
- 20.60 lot acres
Property ID
US63-2490306
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.
Location Intelligence
Current Use by Public Records
- GCP Discount Liquors Inc / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
- Grand Central Plaza / Shopping Center & Mall
- Giuseppe's / Restaurant
- Subway / Take-out & Catering / Catering Service
- Lin Buffet / Restaurant
Property Details for 1020 Ctr St
- Year built
- 1962
- Lot size
- 20.60 lot acres
- Property size
- 248,126 SF
- Zone code
- VH05
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 073401 59.13-3-3
- APU
- 73401591333
Description
Grand Central Plaza, a 271,255-square-foot shopping center in Horseheads, NY, presents a compelling investment opportunity. Strategically located at the intersection of Interstate 86/Route 17, this property boasts exceptional visibility and high traffic counts, averaging approximately 32,000 vehicles daily. The center is anchored by nationally recognized tenants including Tractor Supply, Ollie's Bargain Outlet, and Barton's Home Outlet, ensuring a strong and stable tenant base. Currently 86.1% occupied, the center features a diverse mix of tenants such as American Freight, Sky Gymnastics, Peter Harris Clothes, Family Dollar, Carquest, Dunkin', and GCP Discount Liquor and Wine. Built in 1961 and renovated in 1992, the property sits on a 21.7-acre lot and offers significant upside potential. A 7,832-square-foot vacant unit and an additional pad site are available for development, along with two vacant lots across from Chemung Street. The property's weighted average occupied lease term is 10.8 years, demonstrating the long-term stability of the tenant mix. With two pylon signs, including an electronic one, and excellent access from Center Street and Chemung Street, Grand Central Plaza offers a rare combination of established success and future growth potential. The Net Operating Income (NOI) is $1,120,015.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Horseheads
- County
- Chemung
- State
- New York
- Longitude
- -76.8262
- Latitude
- 42.1574
- CBSA code
- 21300
- CBSA name
- ELMIRA, 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
2020
$61,959
$2,677,000
$3,123,000
$5,800,000
-
$2,704,040
$3,154,546
$5,858,586
