Property profile

463 Hamilton St Geneva, NY 14456

FOR SALE
Commercial land
Property ID
US63-0387371
1,488 SF 1.1 ac lot Built 1928
Entity Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.1-acre commercial development site presents a rare opportunity for investors and developers in the thriving city of Geneva, New York. Situated on Hamilton Street, a major thoroughfare boasting high vehicular and pedestrian traffic, this property benefits from an enviable location between two established national brands, Tim Hortons and Dunkin'. The site's prominent position ensures excellent visibility and accessibility, making it ideal for a variety of retail uses. The substantial 1.1-acre lot offers ample space for a significant development project, allowing for flexibility in design and scale. Given its prime location and substantial size, this property represents a compelling investment opportunity with significant potential for future growth and return. The high traffic counts on Hamilton Street guarantee a large pool of potential customers for any business established on this site. This is a turnkey opportunity to capitalize on a highly desirable location in a growing market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is offered at $299,500. The square footage is to be determined by the buyer's plans.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1928
Total area 1,488 SF
Lot 1.1 ac (47,916 SF)
Zoning code 5
APN 323000 104.18-1-7.000
UPID US63-0387371

Cap rate & NOI

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

Location

463 Hamilton St Geneva, NY 14456
Geneva metro Census 51501 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

Zoning & alternative use

5 · Geneva, NY

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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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