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Property profile & analytics
OFF-MARKET
Commercial real estate

92 Genung Cir Ithaca, NY 14850

13,725 SF 49.57 ac lot Built 2001
Property ID
US63-1377389
Property summary
AI-generated overview

This exceptional 13,725-square-foot, three-story residence presents a unique investment opportunity in Ithaca, New York. Situated on a 49.57-acre lot, its adaptable design lends itself to a wide range of commercial ventures. Currently configured for comfortable living, the property boasts ADA compliance, making it suitable for uses such as a luxury retirement home, assisted living facility, boutique hotel, restaurant, upscale bed and breakfast, or even a specialized school or spa. Its prime location offers easy access to downtown Ithaca, Cornell University, Ithaca College, and the scenic Cayuga Lake. The expansive kitchen, complete with a butler's pantry, is well-suited for catering to large or small groups. Multiple living spaces provide ample room for various configurations. An elevator services all three floors, enhancing accessibility. The property includes a unique 19' x 39' indoor Gunite pool, four en-suite bedrooms, two additional bedrooms, and six bathrooms. Energy-efficient geothermal heating and air conditioning are installed. A three-car attached garage offers additional space, potentially suitable for office or apartment conversion. The property's scale and adaptability make it an exceptional opportunity for a discerning investor seeking a versatile commercial space in a highly desirable location. Priced at $2,150,000.

Property profile
Verified
Property type Commercial real estate
Year built 2001
Total area 13,725 SF
Lot 49.57 ac (2,159,269 SF)
UPID US63-1377389
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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