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    2961 Ny-318 Seneca Falls, NY

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    For Sale
    $750,000

    High visibility land ideal for retail, hospitality, and service development.

    Lot size:
    4.00 Acres

    Property Features for 2961 Ny-318

    General Information

    Lot size
    4.00 Acres

    Source: Cushman & Wakefield | Pyramid Brokerage - Rochester Agent Tyde Richards

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Redevelopment Opportunity

    This property presents a prime redevelopment opportunity at a high-visibility intersection. Situated at the major junction of Routes 89, 318, and 5 & 20, the location offers significant exposure. It is ideally suited for retail, hospitality, breweries, wineries, and service-oriented development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Seneca Falls
    County
    Seneca
    State
    New York
    Longitude
    -76.7966215
    Latitude
    42.9106219

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    FAQs

    What type of property is this?
    Land - High visibility land ideal for retail, hospitality, and service development.
    Where is this land located?
    The property is located at 2961 Ny-318 Seneca Falls, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - High visibility location at the intersection of Routes 89, 318, 5 & 20.; - Ideal for retail, hospitality, breweries, wineries, & service-oriented development.; - Prime redevelopment opportunity.
    (413) 237-4395
    Request Owner's contact information
    2961 Ny-318 Seneca Falls, NY
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    Seneca Falls, NY
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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
    2961 Ny-318 Seneca Falls, NY
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