Property profile

4535 Vestal Rd Vestal, NY 13850

OFF-MARKET
Retail space
Property ID
US63-5794210
4,658 SF 2.15 ac lot Built 1990
Entity Owned 14-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 650,000 USD commercial property at 4535 Vestal Road in Vestal, New York, presents a unique investment opportunity. Situated directly across from Binghamton University, this multi-purpose building enjoys unparalleled visibility and accessibility. The flexible zoning allows for a wide range of commercial uses, making it ideal for a variety of businesses. Whether you envision a restaurant, retail space, office, or a convenience/service business, this property offers the adaptability to suit your needs. The existing floor plan features a blend of open and private areas, providing versatility for different layouts. Detailed construction permits for reconfiguration are readily available, along with accompanying CAD drawings, simplifying any renovation or expansion plans. The building's systems have been recently updated, ensuring efficient and cost-effective operation. This prime location, combined with the building's adaptable design and updated infrastructure, makes this a truly exceptional investment opportunity in a thriving community. The property is offered at 650,000 USD. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Total area 4,658 SF
Lot 2.15 ac (93,654 SF)
Zoning code C-2
APN 034800 159.10-1-11
UPID US63-5794210

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Dental Office
  • Dental Office
  • Alternative Medicine Practice
  • Hair Salon

Location

4535 Vestal Rd Vestal, NY 13850-3542
Vestal metro Census 14301 BINGHAMTON, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2012
5 recorded transactions
2012
$450,000
2008
Price N/A
2005
$600,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Vestal, NY
Zoning description

Allowable as an accessory use. P Allowable as a use permitted by right. T Allowable upon obtaining a special permit from the town board. Z Allowable upon obtaining a special permit from the zoning board of appeals. C-1 C…

General category CIVIC_INSTITUTIONAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4535 Vestal Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message