Technical
Financial
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Property profile

499 Plaza Dr Vestal, NY 13850

FOR SALE
Office Spaces
Property ID
US63-3089520
Built 1975
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Property summary

AI-generated overview

This exceptional office building, located at 499 Plaza Drive in Vestal, New York, presents a unique investment opportunity. Priced at $975,000, the property boasts a highly desirable Vestal location, making it easily accessible for employees and clients alike. The building itself is exceptionally well-maintained, reflecting a commitment to quality and longevity. The interior layout offers a versatile mix of open plan areas, ideal for collaborative workspaces, and private offices, providing flexibility for various business needs. A significant advantage is the extensive parking provision, accommodating up to 58 vehicles – a considerable asset in a location where parking can be at a premium. This ample parking ensures convenient access for staff and visitors, enhancing the overall appeal and functionality of the property. The building's condition and layout combine to create a productive and comfortable work environment. The property's strategic location in Vestal, coupled with its substantial parking capacity and well-maintained interior, makes it an attractive proposition for businesses seeking a high-quality office space. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is offered as-is. Further details are available upon request.

Property profile

Verified
Property type Office Spaces
Year built 1975
UPID US63-3089520

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
  • Church

Location

499 Plaza Dr Vestal, NY 13850
Vestal metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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