4435 Seneca Rd Trumansburg, NY 14886
- Office buildings
- 4,365 SF
- 0.93 lot acres
Current Use by Public Records
- Trumansburg Family Medicine / Medical Clinic / Doctor
- Dr McCauley / Family Practice Physician
- Holmes Katherine M MD / Family Practice Physician
- Trumansburg Family Health Clinic / Medical Clinic / Medical Center
- Rebecca A. Damiani, FNPC / Nurse Practitioner
Property Details for 4435 Seneca Rd
- Year built
- 1992
- Lot size
- 0.93 lot acres
- Property size
- 4,365 SF
- Zone code
- 7
- Property type
- Office buildings
- APN
- 452089 20-1-72
- APU
- 45208920172
Description
This exceptional 4,365 square foot office building, situated on a 0.93-acre lot in the desirable Trumansburg, NY community, presents a compelling investment opportunity. Currently leased to a successful and established medical practice, this property guarantees a consistent stream of rental income. The existing lease provides immediate cash flow and a dependable tenant base, minimizing vacancy risks and maximizing return on investment. Located at 4435 Seneca Rd, the property benefits from its prime location within the vibrant Trumansburg area, offering excellent visibility and accessibility. The building itself is well-maintained and provides ample space for the current tenant's operations. This presents a low-risk, high-reward opportunity for investors seeking a stable, income-generating asset in a thriving market. The substantial size of the property, combined with its current occupancy, makes it an attractive proposition for long-term investment and potential future appreciation. The 0.93-acre lot offers potential for expansion or future development, adding further value to this already strong investment. This is a rare opportunity to acquire a turnkey commercial property with a proven track record of success. The combination of a reliable tenant, strong location, and significant square footage makes this a truly exceptional investment. Don't miss this chance to secure a valuable asset in a sought-after location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $270,000
- 6.5%
- $325,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $305,000
- Mixed-Use
- $230,000
- Hospitality
- $240,000
- Educational
- $245,000
- Residential Income
- $285,000
- Energy
- $225,000
- Income-Based Land
- $265,000
- Food Service
- $310,000
Location Insight
- Map
- Local Demand
- City
- Trumansburg
- County
- Seneca
- State
- New York
- Longitude
- -76.672
- Latitude
- 42.5478
- CBSA code
- 42900
- CBSA name
- SENECA FALLS, NY MICROPOLITAN STATISTICAL AREA
