31 Dutch Ml Rd Ithaca, NY 14850-9785
This exceptional 13,294 square foot office building presents a unique investment opportunity in Ithaca, New York. Situated on a generous 1.93-acre lot within a thriving business park, this property enjoys convenient proximity to Cornell University's Business & Technology Park and the regional airport, ensuring excellent accessibility and visibility. The building's well-designed layout includes a diverse range of spaces to accommodate various business needs. Private offices provide individual work areas, while open plan areas are perfect for workstations or office cubicles, fostering collaboration and efficiency. Multiple meeting rooms cater to diverse team sizes and client interactions. Employee comfort is prioritized with a dedicated kitchenette/break room and ample restroom facilities. Additional storage space and flexible areas allow for customization to suit specific operational requirements. The substantial on-site parking ensures convenient access for staff and clients alike. This property is ideally suited for a wide array of professional office users, non-profit organizations, health and wellness businesses, or investors seeking a strong return. Its prime location, versatile layout, and ample parking make it an exceptional opportunity in the vibrant Ithaca market. The building's size and features offer significant potential for growth and adaptation to evolving business needs.
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Envisage Information Systems (Bike/Boat/Book/etc) Store Corporate Office
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
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.