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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

3125 Triphammer Rd Lansing, NY 14882-8906

15,060 SF 3.9 ac lot Built 2011
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US63-4117924
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2011
Total area 15,060 SF
Lot 3.9 ac (169,884 SF)
Zoning code B2
APN 503289 30.-1-16.24
UPID US63-4117924
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
LANSING MARKET REALTY, LLC
LANSING MARKET REALTY, LLC
Zoning & alternative use
B2 · Lansing, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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