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Property profile & analytics
FOR SALE
Investment properties

4561 Commercial Dr New Hartford, NY 13413

4,320 SF 0.69 ac lot Built 1950
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US63-3010748
Property summary
AI-generated overview

This exceptional 2-acre commercial land parcel presents a unique redevelopment opportunity in the thriving New Hartford retail corridor. Strategically located along Commercial Drive, this property enjoys unparalleled visibility and accessibility, situated adjacent to Price Chopper Plaza and directly across from the prominent Sangertown Square Mall. The site benefits from its proximity to a concentration of major national retailers, including Hannaford, Red Lobster, Dick's Sporting Goods, Home Goods, Boscov's, and Target, ensuring high foot traffic and strong consumer demographics. Currently offered as a single-tenant property, this site is ideal for developers seeking to capitalize on the area's robust retail environment. The property's prime location and surrounding retail density offer significant potential for a variety of commercial developments. The annual lease price is $95,000 NNN, providing a strong return on investment for the right development project. This is a rare opportunity to acquire a highly visible and strategically located parcel in one of New Hartford's most successful retail areas. Don't miss this chance to build your next successful venture in a prime location with established consumer traffic. The property is zoned for commercial use. Further details are available upon request.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1950
Total area 4,320 SF
Lot 0.69 ac (30,000 SF)
Zoning code 05 - COMMERCIAL
APN 304889 328.008-1-22
UPID US63-3010748
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
Current use
Occupant on record · Public records
  • Louis LLC (Bike/Boat/Book/etc) Store
  • Top Tile Hardware & Home Improvement Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
SAN CIPIRLLO ENTERPRISES INC
SAN CIPIRLLO ENTERPRISES INC
Zoning & alternative use
05 - COMMERCIAL · New Hartford, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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