Property profile

1778 Clark St Rd Auburn, NY 13021

OFF-MARKET
Specialty properties
Property ID
US63-2422463
4,225 SF 1.2 ac lot Built 1993
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This impressive 4,225-square-foot commercial property, located at 1778 Clark Street Road in Auburn, NY, presents a unique opportunity for business owners. Formerly a funeral home, the building offers versatile space ideal for a variety of office uses. Constructed in 1993, the single-story structure features a large open foyer area, perfect for a reception area or waiting room. Multiple rooms are available for use as offices, cubicles, or storage, providing ample flexibility for different business needs. Two bathrooms are conveniently located within the building. The property boasts a significant advantage with approximately 55 parking spaces, all situated on a 1.2-acre lot. This generous parking area ensures convenient access for employees and clients. The location is in Aurelius, just outside the Auburn city limits, offering a potentially advantageous combination of accessibility and a slightly less urban setting. The asking price for this substantial property is $449,900. This presents a compelling opportunity to acquire a well-maintained, spacious office building with ample parking in a desirable location.

Property profile

Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1993
Total area 4,225 SF
Lot 1.2 ac (52,272 SF)
Zoning code C
APN 052089 115.14-1-11.1
UPID US63-2422463

Cap rate & NOI

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

Location

1778 Clark St Rd Auburn, NY 13021-8575
Auburn metro Census 41202 AUBURN, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2023
Last sale
$175,000
5 recorded transactions
2023
$175,000
2020
Price N/A
2018
Price N/A
2017
Price N/A
2015
Price N/A

Zoning & alternative use

C · Auburn, NY
Zoning description

C General Commercial District. A. Purpose and intent. The purpose of the General Commercial District (C) is to promote a variety of commercial uses and services which are well designed and contribute to the character and…

General category COMMERCIAL

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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