Property profile

311 Genesee Gdns Auburn, NY 13021

OFF-MARKET
Commercial land
Property ID
US63-3159712
1 ac lot
Individually Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

Auburn Towne Plaza is an approximately 85,000-square-foot retail shopping center in Auburn, New York, located on the west side of downtown along Genesee Street, a main road into and out of town, west of Syracuse. The center has a signalized entrance and provides pylon signage, with site access and visibility from surrounding streets. The property is configured with in-line retail space and also includes pad sites in front of the plaza that can support freestanding tenants with multi-street visibility. The surrounding area includes a mix of national and local retailers, service businesses, and food and beverage establishments.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1 ac (43,560 SF)
Zoning code C
APN 050100 115.81-1-4.6
UPID US63-3159712

Cap rate & NOI

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

Location

311 Genesee Gdns Auburn, NY 13021-2531
Auburn metro Census 42100 AUBURN, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2013
3 recorded transactions
2013
$1.7M
2010
$2.3M
2007
$2.5M

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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