Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16973 May Irwin Road Clayton, NY 13624

    View on Map
    New
    For Sale
    $49,900

    LAND - Clayton, NY

    Lot size:
    0.96 Acres
    Added:
    Mar 29, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 4 at 10:06 am

    Property Features for 16973 May Irwin Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    GravelDriveway
    Standard status
    Active
    APN
    223289-012-020-0001-078-210
    Lot size
    0.96 Acres

    Taxes and HOA fees

    Tax Annual Amount
    626

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Les T Henry

    Listing agent Les T Henry License #30HE0928771

    Listing office Bridgeview Real Estate 128 TenEyck St #2, Watertown, NY

    Listing date Mar 29, 2026

    MLS# S1669653

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleared Lot Near St. Lawrence

    This 0.96-acre lot is located just outside the village of Clayton, New York, and near the St. Lawrence River. The cleared parcel features a drilled well and a stone driveway. The lot offers options for positioning a new home and landscaping. The river and a local marina are located nearby. Only modular or stick-built homes are allowed. The lot has depth for a basement, and electric runs along the road. This lot is suitable for a summer or year-round home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Hotel & Motel Garden Center Bed & Breakfast Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Jefferson
    State
    New York
    Longitude
    -76.030935
    Latitude
    44.2594

    Nearby Similar for Sale

    • $599,900
      2,745 SF

      Established Clayton Commercial Building For Sale

      Iconic, fully furnished commercial building in downtown Clayton, New York.
      220 James Street, Clayton, NY 13624
      View Details
    • $699,900
      10,774 SF

      Turnkey Bar/Restaurant in Clayton, NY

      Turnkey bar and restaurant in the heart of Clayton, New York.
      110 State Street, Clayton, NY 13624
      View Details
    • $199,000
      43,560 SF

      Residential Land in Clayton, NY

      Residential development land near downtown Clayton and St. Lawrence River.
      James Street, Clayton, NY 13624
      View Details
    • $55,000

      Wooded Lot Near Clayton Village

      Private wooded lot near Clayton, NY, with utilities.
      Birch Lane, Clayton, NY 13624
      View Details
    • $1,399,900
      10,774 SF

      Waterfront Commercial Opportunity: Turnkey Properties

      Three renovated properties: restaurant/bar, motel, and trailer on waterfront.
      110 State Street, Clayton, NY 13624
      View Details
    • $289,900
      400 SF

      Grindstone Island Getaway

      Off-grid island getaway with riverfront and acreage near Clayton, NY.
      Rusho Bay, Clayton, NY 13624
      View Details
    • $549,900
      6,000 SF

      Turnkey Restaurant/Bar Opportunity

      Recently renovated 6000+ SF building ready for immediate operation.
      8353 County Route 9, Clayton, NY, 13624-2259
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Cleared 0.96-acre lot with well and driveway near St. Lawrence.
    Where is this residential land & home lot located?
    The property is located at 16973 May Irwin Road Clayton, NY.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: Cleared lot ready for building near the St. Lawrence River; Drilled well and stone driveway already installed; Close proximity to the St. Lawrence River and a local marina
    (315) 782-9292
    We can help!
    Listing Contact
    Les T Henry
    Real Estate License ID: 30HE0928771
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!