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Property profile & analytics
OFF-MARKET
Investment properties

4790 Commercial Dr New Hartford, NY 13413-6205

3,400 SF 0.25 ac lot Built 1987
Individually Owned 12-yr Hold Free & Clear
Property ID
US63-1151740
Property summary
AI-generated overview

This exceptional New Hartford, NY, retail property offers a 3,400 square-foot building on a 0.25-acre lot, ideally situated on Commercial Drive. Boasting a modern design with large windows and high ceilings, this single-tenant space benefits from a high-traffic location, with over 40,000 cars passing daily, ensuring excellent visibility and foot traffic. The property's strategic placement near popular dining and retail options further enhances its appeal. The asking price is $950,000, which includes a fully approved Adult-Use Retail Dispensary License, encompassing state approvals and local land use entitlements. Alternatively, the property is available for lease at $5,411 per month, NNN. The building's modern exterior and bright, welcoming atmosphere create an ideal environment for a thriving dispensary. Easy access from major highways ensures convenient access for customers from surrounding areas. With a 5-mile population exceeding 133,000, this location presents a significant opportunity for a successful business venture. The property's features include ample parking and a prime location within a bustling commercial area.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1987
Total area 3,400 SF
Lot 0.25 ac (11,084 SF)
Zoning code 05 - COMMERCIAL
APN 304889 317.013-3-17.2
UPID US63-1151740
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
  • Prosports Max (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Fikret Pajazetovic · 12 yrs held
Fikret Pajazetovic
since 2014
3 recorded transactions
2014
Price N/A
2011
Price N/A
2010
$180,000
Zoning & alternative use
05 - COMMERCIAL · New Hartford, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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