145 Grant Ave Auburn, NY 13021
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.
-
Fairbanks LLC Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC · Auburn, NYAuburn. Always verify with local authorities before improvements.
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.