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    7 & 8 State Hwy Unadilla, NY 13849

    Sponsored
    For Sale
    $265,000

    Prime 7+ acre commercial lot, reduced price!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property presents a unique investment opportunity in Unadilla, New York. Located at the high-traffic intersection of State Highway 7 and State Highway 8, this approximately seven-acre parcel offers significant developable land. The asking price has recently been reduced to $265,000, making this an attractive proposition for discerning investors. The property's strategic location provides excellent visibility and accessibility, situated less than a mile from Interstate 88, ensuring high traffic volume and exposure to a large customer base. The existing building, while currently listed as zero square feet, presents potential for redevelopment or expansion, or could be removed to maximize the land's potential. The seller is open to considering the subdivision of the property, offering flexibility for various development scenarios. This location is ideal for a variety of commercial uses, with a convenience store being one potential option, but the possibilities are truly endless. This prime commercial real estate presents a rare chance to acquire a significant parcel in a high-traffic area with excellent growth potential. The reduced price makes this an even more compelling investment opportunity.

    Property Features for 7 & 8 State Hwy

    General Information

    Property type
    Retail properties

    HighLights

    • $265,000 asking price.
    • Retail property.
    • Approximately 7 acres of developable land.
    • Located at the intersection of State Highways 7 & 8.
    • Less than one mile from Interstate 88.
    • Owner will consider subdividing the land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Unadilla
    County
    Otsego
    State
    New York
    Longitude
    -75.3062326
    Latitude
    42.3699638

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    FAQs

    What type of property is this?
    Retail property - Prime 7+ acre commercial lot, reduced price!
    Where is this retail property located?
    The property is located at 7 & 8 State Hwy Unadilla, NY.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: $265,000 asking price.; Retail property.; Approximately 7 acres of developable land.
    Request Owner's contact information
    7 & 8 State Hwy Unadilla, NY 13849
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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
    7 & 8 State Hwy Unadilla, NY 13849
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