Listing Agency: Pavia Real Estate Services k***@paviarealestate.com Show Phone

Listed By: Scott Horner · License #3321260 Show Phone

Source: Moodyscre

Added: May 8, 2024 Changed: Jul 26 Last Checked: Jul 30 at 8:36AM

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Investment Insights

Based on property information with market context.

This is a development opportunity totaling approximately 2.01± acres, located along highly traveled State Hwy 12 in the Town of Norwich. The property is surrounded by national retailers, including Arby’s, ALDI, and Dollar General.

The site’s placement on State Hwy 12 supports visibility to passing traffic, while the surrounding retail mix provides nearby established commercial activity.

With its acreage and highway frontage positioning, the land is suitable for buyers or tenants exploring new development in this corridor.

Key Highlights

• Development opportunity along highly travelled State Hwy 12 in the Town of Norwich, NY
• 2.01 ± acres of land
• Property is surrounded by national retailers including Arby’s, ALDI, and Dollar General

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Parts Store Hair Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$6,000.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

137

Businesses Nearby

Explore this area Business Placement

Demographics for 13815, NY

13,063

Population

6,445

Households

2

Avg Household Size

44

Median Age

24%

College-Educated

90%

High-School Grad

108.2 sq mi

ZIP Area

121

Density / Sq Mi

$59,757

Median Household Income

$39,776

Median Earnings

$835

Median Rent

$127,200

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Development opportunity on highly traveled State Hwy 12 in Norwich, NY, adjacent to national retailers including Arby’s, ALDI, and Dollar General.

Where is this commercial land located?

The property is located at 6145 State Hwy 12 Norwich, NY.

What is the lease rate?

The lease rate is $40,000.

What are key features of this property?

This property features: Development opportunity along highly travelled State Hwy 12 in the Town of Norwich, NY; 2.01 ± acres of land; Property is surrounded by national retailers including Arby’s, ALDI, and Dollar General