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    40 Catherwood Rd Ithaca, NY 14850

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    40 Catherwood Rd Ithaca, NY 14850


    • Community centers
    • 124,650 SF
    • 10.35 lot acres
    Retail Space Near Cornell University For Sale
    $1,305,000

    Retail Space Near Cornell University

    Large retail spaces with high ceilings and ample parking.

    40 Catherwood Rd, Ithaca, NY 14850
    View Listing
    Property ID
    US63-0457774
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Spencers / (Bike/Boat/Book/etc) Store
    • Shoe Dept. / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
    • Subway / Take-out & Catering
    • Shops at Ithaca / Shopping Center & Mall
    • Photo Booths / Wedding Service / Photography Service

    Property Details for 40 Catherwood Rd

    Year built
    2002
    Lot size
    10.35 lot acres
    Property size
    124,650 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    503201 47.1-1-24
    APU
    503201471124

    Description

    The Shops at Ithaca offers a unique opportunity to lease retail or industrial space in a thriving Tompkins County location. This multi-tenant property, built in 1976, boasts a total of 622,920 square feet, with 313,318 square feet currently available. Units range from a minimum of 10,974 square feet to a maximum contiguous space of 130,680 square feet, providing flexibility for various business needs. The property features attractive 16-foot clear ceiling heights, ample parking, and convenient access to at-grade overhead doors and loading bays, ideal for efficient operations. Situated at 40 Catherwood Rd, Ithaca, NY 14850, this property benefits from its strategic location within a major retail corridor, anchored by prominent national brands such as Target, Regal Cinemas, Best Buy, Planet Fitness, and Old Navy. The Shops at Ithaca is also adjacent to a significant medical facility redevelopment project by Cayuga Health, further enhancing the area's vibrancy. The surrounding area offers a robust mix of retail, restaurants, and other amenities, including Cayuga Mall and several popular dining establishments. This prime location in the heart of North Ithaca, near the intersection of State Route 13 and North Triphammer Road, provides excellent visibility and accessibility for businesses seeking a strong presence in this dynamic market. The property's five suites offer a variety of options for businesses of all sizes.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $785,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,823,000
      Market price range: $904k - $2.78M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,080,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.4903
    Latitude
    42.4852
    CBSA code
    27060
    CBSA name
    ITHACA, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $73,151
    $1,354,000
    $6,346,000
    $7,700,000
    -
    $1,354,000
    $6,346,000
    $7,700,000
    View Listing
    More about this property
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