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    FOR SALE
    Strip malls

    7451 Seneca Rd N, Hornell, NY 14843

    103,138 SF 17.5 ac lot Built 1973
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US63-3826980
    Property summary
    AI-generated overview

    This thriving Hornell, NY shopping plaza offers two exceptional retail spaces for lease. One space, a former Sears, boasts 11,000 square feet of move-in-ready space, featuring an open floor plan, a rear restroom, an office, and a small warehouse area with a loading dock. The second space offers 16,000 square feet of clean, open space with a small front office. While lacking a rear loading dock, this space is ideal for businesses with minimal rear deliveries. Both spaces are situated in a bustling plaza anchored by Dollar General, Advanced Auto, Harbor Freight, and an end-cap warehouse, ensuring high visibility and foot traffic. The plaza's strategic location, adjacent to a hospital and surrounded by numerous businesses and restaurants, guarantees a strong customer base. The property sits on 17.5 acres and benefits from significant traffic counts, exceeding 7703 AADT in 2021. This Class C retail property presents a fantastic opportunity for businesses seeking a prime location in a growing market. The flexible space is suitable for various retail or restaurant concepts, offering a minimum of 11,000 and a maximum of 16,000 contiguous square feet across two suites within the building. The property is located at 7451 Seneca Rd N, Hornell, NY 14843.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1973
    Total area 103,138 SF
    Lot 17.5 ac (762,300 SF)
    Zoning code 5
    APN 465289 136.00-01-021.000
    UPID US63-3826980
    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
    • Dollar General Discount Store
    • Advance Auto Parts Auto Parts Store
    • Harbor Freight Tools Building Supply Hardware & Home Improvement
    • Sears Appliance Repair Home Appliance Store
    • Western Union Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $510k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $581k
    Blend (final) Blend
    $545k
    Owner & transaction history
    NASHHORNELL PROPERTIES LLC
    NASHHORNELL PROPERTIES LLC
    Zoning & alternative use
    5 · Hornell, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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