153 Grant Ave Auburn, NY 13021-1501
Property profile & analytics
153 Grant Ave Auburn, NY 13021-1501
- Retail space
- 14,988 SF
- 2.27 lot acres
Property ID
US63-6087851
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Walgreens Drug Store / Pharmacy
- Rite Aid Pharmacy / Pharmacy
- Stacey L. Balog, PharmD / Pharmacy
- Richard M. Hunter, RPH / Pharmacy
- Rite Aid / Pharmacy
Property Details for 153 Grant Ave
- Year built
- 2004
- Lot size
- 2.27 lot acres
- Property size
- 14,988 SF
- Zone code
- HC
- Property type
- Retail space
- APN
- 050100 109.79-1-17.1
- APU
- 50100109791171
Description
This exceptional 14,988-square-foot retail property, located at 153 Grant Avenue in Auburn, New York, presents a compelling investment opportunity. Formerly a Rite Aid, this single-story building sits on a 2.27-acre lot in a prime retail corridor, boasting excellent visibility and pylon signage. The property enjoys a 100% occupancy rate and is offered at an asking price of $1,900,000, representing a $126.77 per square foot price and a 5.00% cap rate. Strategically positioned at a traffic light with two convenient access points, it offers ample parking and a drive-thru, catering to customer convenience. The property's zoning (C Business) allows for multiple permitted uses, presenting significant redevelopment potential. Grant Avenue (NY Route 5) experiences high traffic volume, with 30,864 vehicles per day, ensuring substantial exposure to potential customers. Nearby major retailers include Lowe's, BJ's, Bass Pro Shops, and Wegmans, further solidifying the property's location within a thriving retail environment. This NNN-leased property is a single-tenancy building, offering a straightforward and potentially lucrative investment opportunity for discerning buyers. The property's size, location, and potential for various uses make it an attractive prospect for investors seeking a strong return on investment in a high-demand retail market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $620,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,148,000
Market price range: $539k - $1.15M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $790,000 Current use
- RESTAURANT
- $1,395,000 Change: +76% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,215,000 Change: +53% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,130,000 Change: +43% Conversion: Easy
- WAREHOUSE, STORAGE
- $820,000 Change: +4% Conversion: Difficult
- OFFICE BUILDING
- $815,000 Change: +3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Cayuga
- State
- New York
- Longitude
- -76.5514
- Latitude
- 42.9449
- CBSA code
- 12180
- CBSA name
- AUBURN, NY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$39,502
$954,800
$3,278,900
$4,233,700
-
$994,583
$3,415,521
$4,410,104
