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    5121 Ny-365 Verona, NY 13478

    Sponsored
    For Sale
    $765,000

    Prime Commercial Land near Turning Stone Resort

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 63-acre commercial-zoned property in Verona, New York, presents a unique investment opportunity. Located in Oneida County, at 5121 NY-365, with convenient access to Route 365, this expansive site is situated minutes from the renowned Turning Stone Resort Casino and directly adjacent to a 64-acre RV resort and family park. The property's strategic location ensures high visibility and accessibility, attracting significant year-round traffic. While the total acreage is nearly 63 acres, approximately 34 acres are buildable, with wetlands providing natural buffers. The diverse zoning allows for a wide range of commercial developments, including restaurants, hotels, resorts, campgrounds, and professional/medical offices. This presents a compelling opportunity for developers seeking a high-traffic location to establish a thriving business or create a destination setting that capitalizes on the area's existing tourism and recreational infrastructure. The asking price for this remarkable property is $765,000. The property's proximity to Turning Stone and the RV park offers significant potential for synergy and increased customer traffic. Don't miss this chance to acquire a premier commercial land parcel in a rapidly growing area. The zip code is 13478.

    Property Features for 5121 Ny-365

    General Information

    Property type
    Land

    HighLights

    • $765,000 asking price.
    • 63‑acre commercial land parcel in Verona, NY.
    • Located minutes from Turning Stone Resort and adjacent to a 64‑acre RV resort.
    • Zoned for various commercial uses, including restaurants, hotels, and professional offices.
    • Approximately 34 acres are buildable, with wetlands providing natural buffers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Auto Repair Shop Spa & Massage Hair Salon Nail Salon Clothing Store Skin Care Clinic Food Market HVAC Service Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Verona
    County
    Oneida
    State
    New York
    Longitude
    -75.6016901
    Latitude
    43.1102878

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      Verona Commercial Land - 63 Acres

      Prime Commercial Land Near Turning Stone Resort
      5121 State Route 365, Verona, NY 13478
      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial Land near Turning Stone Resort
    Where is this land located?
    The property is located at 5121 Ny-365 Verona, NY.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: $765,000 asking price.; 63-acre commercial land parcel in Verona, NY.; Located minutes from Turning Stone Resort and adjacent to a 64-acre RV resort.
    (315) 682-4500
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    5121 Ny-365 Verona, NY 13478
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    Verona, NY 13478
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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
    5121 Ny-365 Verona, NY 13478
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