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Property profile & analytics
OFF-MARKET
Commercial land

145 Grant Ave Auburn, NY 13021

1,536 SF 0.34 ac lot Built 1890
Entity Owned 4-yr Hold Free & Clear
Property ID
US63-1602093
Property summary
AI-generated overview

This exceptional commercial property, located at 145 Grant Avenue in Auburn, NY, presents a unique investment opportunity. Boasting just over one acre (1.06 acres to be exact) of land and 111 feet of frontage, this parcel enjoys a highly desirable location, situated a mere 82 feet from Auburn's busiest intersection. This ensures exceptional visibility and accessibility for any commercial venture. The property is zoned for commercial use, providing flexibility for a wide range of development plans. Currently priced below assessed value at $150,000, this represents a significant opportunity for savvy investors. The property is being sold "as-is" by the City of Auburn. It's important to note that the buyer will be responsible for securing an abstract, survey, and covering any associated transfer taxes and environmental inspections. The conveyance will be via a quitclaim deed. With its prime location, generous lot size, and attractive price point, this property is poised for immediate development and promises substantial return on investment. Don't miss this chance to acquire a piece of Auburn's thriving commercial landscape. The 8,091 square foot lot offers ample space for a variety of commercial uses.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1890
Total area 1,536 SF
Lot 0.34 ac (14,874 SF)
Zoning code HC
APN 050100 109.79-1-19
UPID US63-1602093
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
  • Fairbanks LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Auburn City Of · 4 yrs held
Auburn City Of
since 2022
3 recorded transactions
2022
Price N/A
2019
Price N/A
2015
Price N/A
Zoning & alternative use
HC · Auburn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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