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    5252 State Route 31 Clay, NY 13041

    Sponsored
    For Sale
    $8,900,000

    20 Acres, 10,603 SF Building, Prime Location

    Property size:
    10,603 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 20-acre commercial property in Clay, New York, presents a unique investment opportunity. Located directly across from the future Micron Technologies site, this property boasts unparalleled visibility and accessibility. The existing 10,603 square foot building, previously a veterinary clinic and kennel, offers significant potential for redevelopment or repurposing. Its versatile layout and ample space provide a solid foundation for a variety of commercial uses. Two paved entrances, conveniently situated off State Route 31 and Stearns Road, ensure easy access and high traffic visibility. The property's strategic location within a rapidly growing area, coupled with its proximity to Micron Technologies, promises substantial long-term growth and return on investment. This is a rare chance to acquire a significant commercial holding in a prime location poised for substantial future development driven by the influx of jobs and residents associated with the Micron expansion. The expansive acreage offers flexibility for future expansion or development, making this an ideal investment for both short-term and long-term gains. The existing building's previous use as a veterinary clinic and kennel suggests adaptability to various commercial ventures. This property is ready for a new chapter, offering a unique blend of existing infrastructure and significant growth potential.

    Property Features for 5252 State Route 31

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,603 SF
    Lot Size
    871,200 SF

    Building Details

    Year Built
    2001
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Clothing Store Gym & Fitness Garden Center Electrical Service Furniture Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Clay
    County
    Onondaga
    State
    New York
    Longitude
    -76.15292
    Latitude
    43.17991

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    FAQs

    What type of property is this?
    Commercial real estate - 20 Acres, 10,603 SF Building, Prime Location
    Where is this commercial real estate located?
    The property is located at 5252 State Route 31 Clay, NY.
    What is the asking price?
    The asking price for this property is $8,900,000.
    (315) 559-7979
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    Clay, NY 13041
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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
    5252 State Route 31 Clay, NY 13041
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