25 Dill StAuburn, NY 13021

Property Details for 25 Dill St

Year built

1980

Lot size

1.00 AC

Property size (Sq ft)

14,072 SF

Zone code

D

Property type

Investment properties

Property subtype

Retail residential properties

APN

050100 115.52-1-63

APU

5010011552163

Description

This exceptional commercial property at 25 Dill Street in Auburn, NY, presents a significant investment opportunity. Boasting over 14,000 square feet of above-grade office space, this building is strategically located on a high-traffic corner where State Street intersects with Routes 5 and 20, ensuring maximum visibility and accessibility. The property sits on a nearly one-acre lot and offers ample parking and a convenient loading dock. The building itself is structurally sound and features a versatile open floor plan adaptable to a wide range of commercial uses. Key interior features include a spacious office area, a welcoming customer entrance/lobby, several large private offices, a secure server room, a dedicated conference room, a convenient break room, and a freight elevator for efficient material handling. A substantial full basement, exceeding 12,000 square feet, provides extensive secured storage space. This property's prime location, combined with its substantial size and functional layout, makes it an ideal choice for businesses seeking a prominent presence in the heart of Auburn's commercial district. The easy access to major roadways further enhances its appeal and logistical advantages. The asking price is $725,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,817,766

  6.5%

  $2,601,015

  7%

  $2,415,228

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,992,668

  Geo Method

  $2,849,904

• Alternative Use

  Use

  Valuation

  Residential

  $2,601,015

  Hospitality

  $2,382,516

  Educational

  $1,982,225

  Medical

  $2,050,397

  Retail

  $3,083,462

Location Insight

City

Auburn

County

Cayuga

State

New York

Latitude

42.9324

Longitude

-76.5682

CBSA code

12180

CBSA name

AUBURN, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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