92-96 Grant Ave Auburn, NY 13021
- Specialty properties
- 2,530 SF
- 2.10 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 92-96 Grant Ave
- Year built
- 1962
- Lot size
- 2.10 lot acres
- Property size
- 2,530 SF
- Zone code
- HC
- Property type
- Specialty properties
- APN
- 050100 116.23-2-6
- APU
- 501001162326
Description
This exceptional redevelopment opportunity presents a 2.1-acre lot in Auburn, NY, featuring three buildings totaling 4,165 square feet of net rentable space. Priced at $499,900 ($120.02/sq ft), this property offers significant potential. The main building is a single-story structure previously used as a veterinary clinic and kennel, complete with a full kennel area and office space. A detached barn/garage and a two-story single-family home are also situated on the property. The lot includes a partially fenced area, with the kennel portion fully enclosed for secure outdoor dog space. This property enjoys a highly visible location on Grant Avenue, Auburn's primary retail and commercial corridor. The area boasts a strong retail presence, including national brands like Marshall's, AC Moore, and numerous restaurants and big-box retailers such as Walmart and Lowe's. Auburn's robust employment base, anchored by Auburn Community Hospital, the Department of Corrections, and the Auburn City School District, ensures a consistent customer base. This versatile property is ideal for redevelopment, offering a unique blend of commercial and residential potential within a thriving community. The property's size and location make it an attractive investment for a variety of uses. The existing structures provide a solid foundation for a new venture, while the ample land offers room for expansion or additional development. This is a rare opportunity to acquire a substantial property in a prime location with high growth potential. The property is located at 92-96 Grant Ave, Auburn, NY 13021, in Cayuga County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $350,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $445,000
- 6.5%
- $425,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $480,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $370,000
- Mixed-Use
- $455,000
- Hospitality
- $500,000
- Educational
- $435,000
- Residential Income
- $415,000
- Energy
- $390,000
- Income-Based Land
- $380,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Cayuga
- State
- New York
- Longitude
- -76.5525
- Latitude
- 42.9408
- CBSA code
- 12180
- CBSA name
- AUBURN, NY MICROPOLITAN STATISTICAL AREA
