Property profile

80 N Jefferson St Mexico, NY 13114

FOR SALE
Investment properties
Property ID
US63-2463967
6,139 SF 0.22 ac lot Built 1948
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 80 N Jefferson St in the vibrant village of Mexico, NY, presents a compelling investment opportunity. Spanning 6,139 square feet on a 0.22-acre lot, this building offers significant potential for a diverse range of businesses. Its prime location in the heart of Mexico ensures excellent visibility and accessibility, benefiting from high pedestrian and vehicular traffic. The spacious interior layout is adaptable to various uses, making it suitable for retail establishments, office spaces, or a mixed-use development. The property's proximity to the village center provides easy access to local amenities and services, further enhancing its appeal. This is an ideal opportunity to establish a thriving business in a growing community, capitalizing on the strong local economy and high-traffic area. The asking price of $89,900 makes this a particularly attractive investment, offering significant return potential for the discerning buyer. Don't miss this chance to secure a prominent commercial presence in the heart of Mexico, NY. The property's size and location make it a truly unique opportunity in a desirable market.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1948
Total area 6,139 SF
Lot 0.22 ac (9,583 SF)
Zoning code 02 - SINGLE RESIDENCE
APN 353401 134.11-01-21
UPID US63-2463967

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Publishing House Newspaper & Magazine
  • Publishing House Newspaper & Magazine
  • Publishing House Newspaper & Magazine
  • Publishing House Newspaper & Magazine

Location

80 N Jefferson St Mexico, NY 13114
Mexico metro Census 20400 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

02 - SINGLE RESIDENCE · Mexico, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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