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    7351 State Highway 68 Ogdensburg, NY 13669

    For Sale
    $280,000

    High-income potential, 84.6 acres

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 84.6-acre commercial property in Ogdensburg, NY, presents a unique investment opportunity. Located on State Highway 68, this high-traffic location boasts excellent visibility and is surrounded by other commercial businesses. The property includes a 3,000 sq. ft. metal storage barn featuring a roof and concrete slab floor, ideal for various uses. Two existing billboards generate a combined annual income of $6,000, with half covering property taxes, resulting in a substantial net profit. The land itself comprises diverse features: 58.7 acres of pasture/hayland, 14.23 acres of woody wetlands, and 9.88 acres of federal wetlands, along with additional shrubbery. The property also benefits from existing utilities including septic, well, and electricity. Note that an older home on the property is structurally unsound and should not be entered, and a previously existing manufactured home is being removed. A state easement exists at the roadside for culvert maintenance. The property's strategic location, combined with its income-generating billboards and versatile land, makes it suitable for a wide range of commercial ventures, including farming or even a solar panel farm. The back of the property borders the airport, offering additional potential. This is a rare opportunity to acquire a substantial parcel of land with significant income potential and diverse development possibilities.

    Property Features for 7351 State Highway 68

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,000 SF
    Lot Size
    3,685,176 SF

    Building Details

    Year Built
    1931
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ogdensburg
    County
    St. Lawrence
    State
    New York
    Longitude
    -75.46462
    Latitude
    44.68613

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    FAQs

    What type of property is this?
    Commercial real estate - High-income potential, 84.6 acres
    Where is this commercial real estate located?
    The property is located at 7351 State Highway 68 Ogdensburg, NY.
    What is the asking price?
    The asking price for this property is $280,000.
    (315) 323-2241
    Request Owner's contact information
    7351 State Highway 68 Ogdensburg, NY 13669
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    Ogdensburg, NY 13669
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    Realmo Value Estimation

    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.

    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.

    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
    7351 State Highway 68 Ogdensburg, NY 13669
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