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    8894 Caughdenoy Rd Clay, NY 13041

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    For Sale
    $695,000

    Ideal commercial land with redevelopment potential near Micron site.

    Lot size:
    1.25 Acres

    Property Features for 8894 Caughdenoy Rd

    General Information

    Lot size
    1.25 Acres

    Building Details

    Year built
    1840

    Source: Canaan Realty Agent Allen T. Olmsted

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

    Overview

    Land Near Micron Site

    This site offers convenient access to the Micron site and is zoned I-1. The property presents multiple options, including repurposing the site while collecting rent, or utilizing it as a strategic long-term holding. The existing structure is a nearly 1,400 square foot home with 3 bedrooms and 1 bath, which could be rented for approximately $2,000 monthly. The property also features over 400 feet of deeded road frontage.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Clay
    County
    Onondaga
    State
    New York
    Longitude
    -76.1673434
    Latitude
    43.2010187

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    FAQs

    What type of property is this?
    Commercial land - Ideal commercial land with redevelopment potential near Micron site.
    Where is this commercial land located?
    The property is located at 8894 Caughdenoy Rd Clay, NY.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Quick access to the Micron site.; - Zoned I-1 with multiple re-purposing options.; - Potential to collect rent while converting the site.
    (315) 682-4500
    Request Owner's contact information
    8894 Caughdenoy Rd Clay, NY 13041
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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
    8894 Caughdenoy Rd Clay, NY 13041
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