1347 Hathaway Dr Farmington, NY 14425
This exceptional 1.65-acre commercial land parcel presents a unique development opportunity in Farmington, New York. Located at 1347 Hathaway Drive, this property boasts a highly desirable location adjacent to the 184-unit Farmington Creek Apartments, a recently constructed (2018) residential complex. The site is zoned for commercial incentive zoning, allowing for significant development potential. Plans have been approved for the construction of three buildings, with a potential build-out ranging from 5,000 to 15,000 square feet. This prime location offers unparalleled visibility and accessibility, situated on Ontario County's primary north/south traffic corridor (Route 332), experiencing a daily traffic count of 24,000 vehicles. All essential utilities are readily available on-site, including sanitary sewer, domestic and sprinkler water, underground electric, Spectrum (phone, internet, cable), Frontier phone service, and storm drainage. This presents a rare chance to capitalize on a high-traffic area with existing residential density, making it ideal for a variety of commercial ventures. The asking price for this exceptional property is $100,000. Don't miss this opportunity to secure a thriving commercial location in a rapidly growing area.
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Farmington on the Creek Apartments Apartment Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.