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    Property profile & analytics
    OFF-MARKET Estimated value $1,825,000
    Office buildings

    555 French Rd, New Hartford, NY 13413-1051

    7,676 SF 1.54 ac lot Built 1989
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-0338849
    Property summary
    AI-generated overview

    This exceptional 7,676 square foot commercial land parcel presents a fantastic investment opportunity in New Hartford, NY, located at 555 French Road, zip code 13413. Situated in a prime Utica business park location, this property offers significant potential for various commercial ventures. While the current listing focuses on the land itself, the property's previous use included a building with substantial office space. Records indicate this building featured approximately 2,500 square feet of first-floor office space, including a reception area, twelve individual offices, a large conference room, and a kitchen. The building also boasted three separate entrances and ample parking for over twenty vehicles. The lease terms for any future development are negotiable with the landlord. This property's strategic location and flexible options make it an ideal choice for businesses seeking a prominent presence in a thriving commercial area. The Oneida County location offers easy access to major transportation routes and a strong local workforce. This is a rare opportunity to acquire a significant land parcel with a rich history of commercial use in a highly desirable location. The asking price for this property is $5,200.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1989
    Total area 7,676 SF
    Lot 1.54 ac (67,082 SF)
    Zoning code 05 - COMMERCIAL
    APN 304889 317.000-2-8.2
    UPID US63-0338849
    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
    • Ahmad Mian Physician Medical Clinic
    • Jennifer McDonnell, Esq. Law Firm
    • Lawyers with Purpose Consultant
    • Shane DiStefano - HUNT Real Estate ERA Real Estate Agency
    • Michael T. James, ANP Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.83M
    CAP Approach CAP
    $1.59M
    Comparable Approach Comparable
    $1.15M
    Blend (final) Blend
    $1.83M
    Owner & transaction history
    Jrpb2 LLC · 1 yrs held
    Jrpb2 LLC
    since 2024
    Last sale
    $1.8M
    3 recorded transactions
    2024
    $1.8M
    2022
    2020
    Zoning & alternative use
    05 - COMMERCIAL · New Hartford, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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