Property profile

997 MCLEAN RD Cortland, NY 13045

OFF-MARKET
Office Building
Property ID
US63-3601693
2,882 SF 2.29 ac lot Built 1950
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Property summary

AI-generated overview

The property is a 3,610 sq. ft. office building on a 2.29-acre site in Cortlandville, NY, with retail use permitted. The parcel includes fully cleared land behind the building, which allows for potential expansion or additional uses, subject to applicable zoning and approvals. The main level is configured with multiple private office spaces, a reception area, a spacious conference room, and a full bathroom. The lower level provides additional office space, a second conference room, another bathroom, and flexible areas suitable for office or related functional use. The building includes an oversized one-car garage with storage. The property is zoned R-3, which permits both office and retail uses, with further possibilities potentially available through variance approval.

Property profile

Verified
Property type Office Building
Year built 1950
Total area 2,882 SF
Lot 2.29 ac (99,752 SF)
APN 112289 96.09-01-04.0
UPID US63-3601693

Cap rate & NOI

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

Location

997 MCLEAN RD Cortland, NY 13045
Cortland metro
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Value estimations

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Owner & transaction history

since 2024
Last sale
$200,000
1 recorded transaction
2024
$200,000
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