Available Development Sites located in front of a new 300-unit apartment development. Development site is 10 acres in size, sub-divisible depending on tenant needs and requirements.
Available development sites located along NY-332 in Farmington, NY at the intersection of NY-332 and CR-41. Farmington is a growing bedroom community to Rochester, with a 20.7% growth in population from 2010 to 2020 spurred by multiple new single family, townhouse, and multi-family developments. NY-332 connects to both I-90/NYS Thruway & NY-96, making it a main travel corridor to the Finger Lakes and Canandaigua Lake.
Retailers of note in the trade area include Tops, ALDI, Burger King, Taco Bell, KFC, Dunkin', McDonald's, CVS Pharmacy, and Dollar Tree. Finger Lakes Gaming & Racetrack is a major weekend draw and helps to create a lower tax burden for the town.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.