3125 Triphammer Rd Lansing, NY 14882-8906
This exceptional 14,000+ square foot commercial property, situated on a generous 3.9-acre lot in Lansing's thriving business district, presents a remarkable investment opportunity. Previously operating as a supermarket, the building offers a versatile layout encompassing retail space, checkout areas, customer service zones, and a substantial stockroom/shipping and receiving area. High ceilings, ranging from 14 to 16 feet, provide ample vertical space. The property boasts robust three-phase electrical service and a comprehensive sprinkler system, ensuring both operational efficiency and safety. Convenient loading and unloading is facilitated by a drive-up dock equipped with a lift, complemented by multiple interior roll-up doors. Ample on-site parking is available, accommodating 75 or more vehicles. Municipal water and gas services are readily accessible. This property is strategically located within a developing commercial area, offering significant potential for future growth and increased value. The expansive space and existing infrastructure make it suitable for a variety of commercial uses, presenting a unique chance to establish or expand a business in a prime location. The property's size and features make it an attractive option for businesses seeking a substantial footprint and convenient access for customers and deliveries.
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
B2 · Lansing, NYNo recorded transactions found for this property.
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.