Property profile

1111 Conklin Rd Conklin, NY 13748

OFF-MARKET
Showrooms
Property ID
US63-6007128
9,984 SF 1.78 ac lot Built 1980
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity in Conklin, NY, presents a unique chance to acquire a portfolio of three established businesses and two vacant lots. The property consists of four parcels totaling 1100000 USD, offering immediate cash flow and significant long-term growth potential. The three existing buildings are currently occupied by thriving businesses, demonstrating strong community ties and consistent revenue streams. Their established presence ensures a stable income base, minimizing risk and maximizing return on investment. The two vacant lots provide considerable flexibility for future development or expansion, allowing for strategic adaptation to evolving market demands. This could include the construction of additional retail space, complementary businesses, or other ventures that capitalize on the area's growth potential. The property's location in Conklin, NY, offers easy access to major transportation routes and a strong local customer base. This combination of established income-generating assets and undeveloped land presents a rare opportunity for investors seeking both immediate returns and long-term appreciation. The potential for further value appreciation through strategic enhancements or future development projects is significant, aligning with dynamic market trends and community needs. This is an ideal investment for those seeking a diversified portfolio with strong cash flow and substantial upside potential. The property is offered at 1100000 USD. Serious inquiries are encouraged.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1980
Total area 9,984 SF
Lot 1.78 ac (77,537 SF)
APN 032800 178.16-1-6
UPID US63-6007128

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1111 Conklin Rd Conklin, NY 13748
Conklin metro Census 12701 BINGHAMTON, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$921k
Blend (final) Blend
$270k

Owner & transaction history

since 2007
Last sale
$990,000
5 recorded transactions
2025
Price N/A
2024
Price N/A
2018
Price N/A
2007
$575,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.1M +89.5%
Auto repair, garage $815,000 +45.3%
Restaurant $755,000 +34.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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