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    Rte 31 & Caughdenoy Rd Clay, NY 13041

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    For Sale
    Contact for pricing

    131 Acres, I-2 Zoning, Near Micron

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 131.6-acre parcel, located at the intersection of Route 31 and Caughdenoy Road in Clay, NY (zip code 13041), presents a unique investment opportunity. Situated in Onondaga County, this property boasts an I-2 Industrial 2 zoning designation, allowing for diverse development options including industrial, office, retail, and housing uses. The site is strategically positioned kitty-corner from the significant Micron/White Pine Commerce Park, offering unparalleled access to a growing workforce and established infrastructure. Approximately 40 acres are already cleared and ready for immediate development, while up to 81 contiguous acres are available on the signalized southwest corner of the intersection. Existing utilities, including gas, water, and electric, are readily accessible on-site. The property's central location along Route 31 places it midway between I-81 in Cicero and I-481 in Clay, ensuring excellent regional connectivity. Its proximity to the Route 31 retail corridor, featuring numerous national and regional businesses, further enhances its appeal. Two parcels are adjacent to the CSX Railroad, providing additional logistical advantages. Several purchase options are available to accommodate various development scenarios. This prime location is ideal for supporting ancillary industrial needs during the Micron construction phases and for future residential and commercial growth. The APN is 063.-01-38.1.

    Property Features for 0 Rte 31 & Caughdenoy Rd

    General Information

    Property type
    Land
    Lot Size
    5,732,496 SF

    HighLights

    • 20± acres of developable land on Route 31.
    • Up to 81 contiguous acres at the signalized intersection of Route 31 and Caughdenoy Road.
    • Utilities (gas, water, electric) on‑site.
    • Midpoint location on Route 31 between I‑81 and I‑481.
    • Excellent site for industrial support uses during Micron construction and future residential/commercial development.
    • 40± acres cleared and ready for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clay
    County
    Onondaga
    State
    New York
    Longitude
    -76.1662924
    Latitude
    43.1854349

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 131 Acres, I-2 Zoning, Near Micron
    Where is this land located?
    The property is located at Rte 31 & Caughdenoy Rd Clay, NY.
    What are key features of this property?
    This property features: 20± acres of developable land on Route 31.; Up to 81 contiguous acres at the signalized intersection of Route 31 and Caughdenoy Road.; Utilities (gas, water, electric) on-site.
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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
    Rte 31 & Caughdenoy Rd Clay, NY 13041
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