4790 Commercial Dr New Hartford, NY 13413-6205
- Investment properties
- 3,400 SF
- 0.25 lot acres
Current Use by Public Records
- Prosports Max / Sporting Goods Store
Property Details for 4790 Commercial Dr
- Year built
- 1987
- Lot size
- 0.25 lot acres
- Property size
- 3,400 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 304889 317.013-3-17.2
- APU
- 3048893170133172
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $235,000
- 6.5%
- $215,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $250,000
- Mixed-Use
- $210,000
- Hospitality
- $235,000
- Educational
- $220,000
- Residential Income
- $190,000
- Energy
- $255,000
- Income-Based Land
- $220,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- New Hartford
- County
- Oneida
- State
- New York
- Longitude
- -75.3048
- Latitude
- 43.0948
- CBSA code
- 46540
- CBSA name
- UTICA-ROME, NY METROPOLITAN STATISTICAL AREA