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    6162 State Highway 12 Norwich, NY 13815

    Sponsored
    For Sale
    $150,000

    Prime location, high visibility, 1.01 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1.01-acre commercial lot presents a remarkable investment opportunity in the heart of Norwich, NY. Situated at the bustling intersection of State Highway 12 and County Road 320, this property enjoys unparalleled visibility and accessibility, boasting an estimated 15,000 vehicles passing daily. Its strategic location within the North Plaza makes it an ideal site for a variety of commercial ventures. The property's significant advantage lies in its readily available utilities, including water, sewer, electrical, and gas hookups, simplifying the development process and minimizing upfront costs. This eliminates the need for extensive infrastructure investment, allowing businesses to focus on operations and growth. The high traffic count guarantees significant exposure to potential customers, making this lot particularly suitable for businesses that thrive on high visibility, such as convenience stores, fast-food restaurants, or retail outlets. The property's location at the gateway to Chenango County further enhances its appeal, offering access to a substantial customer base. This is a rare opportunity to acquire a prime commercial lot in a thriving location with excellent infrastructure and high traffic volume. Don't miss this chance to establish your business in a highly visible and accessible location.

    Property Features for 6162 State Highway 12

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,996 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    Chenango
    State
    New York
    Longitude
    -75.52515
    Latitude
    42.55249

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, high visibility, 1.01 acres.
    Where is this commercial real estate located?
    The property is located at 6162 State Highway 12 Norwich, NY.
    What is the asking price?
    The asking price for this property is $150,000.
    (607) 336-8080
    Request Owner's contact information
    6162 State Highway 12 Norwich, NY 13815
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    Norwich, NY 13815
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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
    6162 State Highway 12 Norwich, NY 13815
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