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    5121 State Route 365 Verona, NY 13478

    Sponsored
    For Sale
    $765,000

    Prime Commercial Land Near Turning Stone Resort

    Property size:
    2,085 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 63.01-acre commercial property in Verona, NY, presents a unique investment opportunity. Ideally situated minutes from the renowned Turning Stone Resort Casino and adjacent to a 64-acre RV resort, this location boasts high visibility and year-round traffic. The property is zoned for commercial use, offering a diverse range of development possibilities. Envision restaurants, hotels, a destination resort, campgrounds, or professional/medical offices thriving in this vibrant area. While the total acreage is nearly 63 acres, approximately 34 acres are buildable, with wetlands providing natural buffers. The substantial size and strategic location make this property exceptionally attractive for businesses seeking high-traffic exposure and a strong tourism-driven market. The property's proximity to Turning Stone Resort and the neighboring RV park ensures a consistent flow of potential customers and guests. This is a rare chance to acquire a large parcel of commercial land in a prime location with significant development potential. The existing infrastructure and accessibility further enhance the appeal of this exceptional offering. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $765,000. The building size is 2,085 square feet.

    Property Features for 5121 State Route 365

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,085 SF
    Lot Size
    2,744,716 SF

    Building Details

    Year Built
    1862
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Spa & Massage Hair Salon Nail Salon Clothing Store Skin Care Clinic Food Market HVAC Service Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Verona
    County
    Oneida
    State
    New York
    Longitude
    -75.60166
    Latitude
    43.11028

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Land Near Turning Stone Resort
    Where is this commercial real estate located?
    The property is located at 5121 State Route 365 Verona, NY.
    What is the asking price?
    The asking price for this property is $765,000.
    (315) 682-4500
    Request Owner's contact information
    5121 State Route 365 Verona, NY 13478
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    Verona, NY 13478
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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
    5121 State Route 365 Verona, NY 13478
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