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Property profile & analytics
FOR LEASE
Strip malls

732 Vestal Pkwy E Vestal, NY 13850

55,540 SF 4.02 ac lot Built 1965
Entity Owned 26-yr Hold Absentee Owner Free & Clear
Property ID
US63-2685096
Property summary
AI-generated overview

This exceptional 1,252 square foot retail space is ideally situated in a bustling strip center on Vestal Parkway East, Unit 8, Vestal, NY. Boasting abundant natural light and high ceilings (9 feet), the unit features a large office area and a private bathroom, offering both functionality and convenience. The property is strategically located at the NYS Route 26 interchange, providing unparalleled access to I-86, just a tenth of a mile away. This prime location ensures high visibility and significant traffic exposure, with over 20,860 vehicles passing daily on Vestal Parkway and an additional 47,936 on I-86. The property's location in the affluent Vestal suburb, a short 15-minute drive to the entire Binghamton Metropolitan Statistical Area, guarantees a broad customer base, drawing shoppers from Endicott, Pennsylvania, and surrounding areas. The space is available for immediate occupancy, presenting a unique opportunity for businesses seeking a high-traffic, easily accessible location in a thriving retail environment. This is a rare chance to establish a presence in a highly desirable area with excellent visibility and convenient highway access. The asking price is $13,000 (price details require further clarification).

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Total area 55,540 SF
Lot 4.02 ac (175,111 SF)
Zoning code CD
APN 034800 157.19-2-2
UPID US63-2685096
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
  • Tutor Time of Vestal Daycare Center
  • Insurance Solutions Insurance Agency
  • Philosophically Built Gym & Fitness Center
  • Nuwaka Custom Shirts Custom T-Shirt Store Clothing Store
  • Office Equipment Source Printer Ink Refill Store Printer Repair Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$705k
CAP Approach CAP
by Request
Comparable Approach Comparable
$500k
Blend (final) Blend
$605k
Owner & transaction history
CHOPRA DEVELOPMENT GROUP LLC
CHOPRA DEVELOPMENT GROUP LLC
Zoning & alternative use
CD · Vestal, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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