7509 County Rte 70 Avoca, NY 14809-9576
- Investment properties
- 3,225 SF
- 2.70 lot acres
Current Use by Public Records
- Investment properties
Property Details for 7509 County Rte 70
- Year built
- 1938
- Lot size
- 2.70 lot acres
- Property size
- 3,225 SF
- Zone code
- 01 - NOT ZONED
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 465400 139.08-01-050.000
- APU
- 4654001390801050000
Description
This exceptional commercial property, located at 7509 County Route 70 in Avoca, NY, presents a remarkable investment opportunity. Boasting a substantial 6,471 square feet of building space situated on a generous 2.7-acre lot, this property offers unparalleled versatility. Its strategic location provides easy access to the interstate, ensuring high visibility and convenient accessibility for customers and employees. Two successful businesses have previously operated from this site, demonstrating its proven commercial viability. The expansive building, featuring a large pole structure with insulation, is ideally suited for a diverse range of uses. Imagine establishing an equipment sales business, a mini-storage facility, an auto repair shop, a brewery, a distillery, or a woodworking/metal fabrication workshop – the possibilities are virtually limitless. The ample parking lot ensures convenient parking for customers and staff. This property represents a rare chance to acquire a well-situated, spacious commercial building with significant potential for growth and profitability in a thriving area. The asking price of $250,000 makes this an attractive investment opportunity that shouldn't be missed. Don't miss this chance to secure your future in this dynamic commercial space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $400,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $460,000
- Retail
- $340,000
- Mixed-Use
- $390,000
- Hospitality
- $380,000
- Educational
- $355,000
- Residential Income
- $455,000
- Energy
- $335,000
- Income-Based Land
- $360,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Avoca
- County
- Steuben
- State
- New York
- Longitude
- -77.5101
- Latitude
- 42.3651
- CBSA code
- 18500
- CBSA name
- CORNING, NY MICROPOLITAN STATISTICAL AREA