280 State St, Auburn, NY 13021
For Sale
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This exceptional 0.33-acre commercial land parcel presents a unique investment opportunity in the thriving city of Auburn, New York. Located at 280 State Street, this property boasts a highly desirable location on a major thoroughfare, providing excellent visibility and accessibility. The lot features approximate dimensions of 50 feet of frontage and 289 feet of depth, offering ample space for a variety of commercial developments. Currently zoned C-General Commercial within the City of Auburn, this property is ready for immediate development. Its strategic placement next to Barlotta Furniture ensures high traffic flow and potential synergy with an established business. The asking price is $25,000, making this an attractive proposition for developers and investors seeking a prime location in a growing market. The property's convenient access to major roadways and its proximity to other businesses make it an ideal location for a wide range of commercial ventures. This vacant land presents a rare opportunity to establish a successful business in a vibrant and accessible location. Don't miss this chance to acquire a highly sought-after commercial property in Auburn, New York.
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
C · 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.