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Property profile & analytics
OFF-MARKET
Strip malls

6 Cambridge Ave Morrisville, NY 13408-9654

17,040 SF 1.87 ac lot Built 1964
Entity Owned 8-yr Hold Free & Clear
Property ID
US63-2987089
Property summary
AI-generated overview

This exceptional 17,500-square-foot commercial property at 6 Cambridge Avenue in Morrisville, NY, presents a unique investment opportunity. Situated on a 1.87-acre lot, this single-story building, constructed in 1964, offers versatile space suitable for a variety of uses, including executive, medical, traditional, creative offices, and coworking spaces. Currently fully vacant, the property boasts 60 parking spaces and is undergoing a complete renovation, including new signage and storefronts, to create a modern and appealing space. Its prime location offers high visibility and accessibility, enhanced by being the only property in town with a drive-thru. The property's proximity to Morrisville State College and the village center ensures high foot traffic and convenient access for potential tenants. All public utilities are readily available. The flexible space is ideal for retail, office, medical/dental practices, pharmacies, or restaurants. Current tenants include Napa Auto Parts and Upstate Cerebral Palsy, demonstrating the property's established appeal. The asking rate is $7.00-$12.00 per square foot. This is a rare chance to acquire a highly visible and adaptable commercial property in a thriving community.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1964
Total area 17,040 SF
Lot 1.87 ac (81,457 SF)
APN 252601 111.15-1-2.11
UPID US63-2987089
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
  • NAPA Auto Parts - Auto Parts Of Morrisville Auto Parts 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
Osc Properties LLC · 8 yrs held
Osc Properties LLC
since 2017
2 recorded transactions
2017
$310,000
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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