333 Hooper RdEndwell, NY 13760

Property Details for 333 Hooper Rd

Year built

1977

Lot size

2.24 AC

Property size (Sq ft)

5,842 SF

Zone code

CO

Property type

Office properties

Property subtype

Office buildings

APN

034689 142.13-6-8.1

APU

3468914213681

Description

This exceptional 8,269 square foot Class A office building in Endwell, NY, presents a unique investment opportunity. Ideally situated, the property boasts 86 parking spaces and a convenient elevator servicing all three floors. Currently configured for medical use, the building underwent a complete renovation in 2012, resulting in high-quality finishes and modern amenities. A significant portion of the building is already leased for two years to a medical tenant, providing immediate income potential. The remaining 5,513 square feet of prime Class A space is available for lease or sale. The asking rent for the available space is $17.00 per square foot, NNN. The sale price for the entire building is $1,650,000. This represents a rare opportunity to acquire a highly sought-after Class A office property in a suburban market with exceptionally low vacancy rates. The building's existing medical tenant and the high-quality construction make this an attractive investment for both owner-occupiers and investors seeking a stable, high-return asset. The ample parking and convenient location further enhance the property's appeal. Don't miss this chance to secure a premier office space in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $901,713

  6.5%

  $832,350

  7%

  $772,897

• Comparable approach

  Method

  Valuation

  Relative Method

  $447,962

  Geo Method

  $763,316

• Alternative Use

  Use

  Valuation

  Residential

  $1,032,114

  Hospitality

  $945,411

  Educational

  $786,571

  Medical

  $813,622

  Retail

  $1,223,555

Location Insight

City

Endicott

County

Broome

State

New York

Latitude

42.1133

Longitude

-76.018

CBSA code

13780

CBSA name

BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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