Technical
Financial
Distress signals
Property profile

116 Jensen Rd Vestal, NY 13850

OFF-MARKET
Office buildings
Property ID
US63-2419757
9,264 SF 1.58 ac lot Built 2006
Entity Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A medical office building, located at 116 N Jensen Rd, Vestal, NY 13850, offers 9,264 square feet on a 1.58-acre lot. The single-tenant space comprises 2,376 square feet, perfectly suited for a medical practice. The property boasts a fully renovated interior featuring three exam rooms, two consultation offices, a reception area, a lab, and a conference room. High-quality upgraded finishes ensure immediate occupancy. Ample on-site parking is available, complemented by a convenient covered drive-up entrance. Excellent visibility is guaranteed, with prominent placement visible from Vestal Parkway and across from a major retailer. Signage opportunities are available on the monument sign. This property presents a rare opportunity to acquire a turnkey medical office building in a high-traffic, desirable location. The building is a single-story structure.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2006
Total area 9,264 SF
Lot 1.58 ac (68,825 SF)
Zoning code CD
APN 034800 158.11-2-44
UPID US63-2419757

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Medical Clinic
  • Physician
  • Physician Medical Clinic

Location

116 Jensen Rd Vestal, NY 13850
Vestal metro Census 14301 BINGHAMTON, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.08M

Owner & transaction history

since 2005
3 recorded transactions
2005
Price N/A
2005
$475,000
1969
Price N/A

Zoning & alternative use

CD · Vestal, NY
Zoning description

owable as an accessory use. P Allowable as a use permitted by right. T Allowable upon obtaining a special permit from the town board. Z Allowable upon obtaining a special permit from the zoning board of appeals. C-1 C-2…

General category CIVIC_INSTITUTIONAL

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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