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    8565 Morgan Rd Clay, NY 13041

    Sponsored
    For Sale
    $1,560,000

    8 Acres, Prime Location, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8.27-9 acre commercial land parcel in Clay, NY, presents a unique investment opportunity. Strategically located at 8565 Morgan Road, this property boasts 674 feet of frontage and 1227 feet of depth, offering significant development potential. Its prime location is less than three miles from the White Pine Commerce Center, home to Micron Technology's substantial $100 billion chip manufacturing facility, ensuring strong future growth. The property is also conveniently situated less than a mile from the soon-to-be-renovated Great Northern Mall, a $50 million mixed-use lifestyle center. This corner lot provides excellent access from Morgan Road to Route 31, a major traffic corridor connecting Clay, Cicero, Lysander, Van Buren, Liverpool, and Salina. All utilities, including public sewer, are readily available on-site. The property is divisible into parcels of 3 acres or more, catering to various development needs. Ideal uses include retail, medical, or general office spaces, capitalizing on the area's high growth and strategic location within Onondaga County. The adjacent Morgan Square Senior Housing development further enhances the area's appeal and provides a stable neighboring community. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area with exceptional access and infrastructure. The asking price is $1,560,000.

    Property Features for 8565 Morgan Rd

    General Information

    Property type
    Land
    Lot Size
    360,241 SF

    HighLights

    • Prime location less than 3 miles from White Pine Commerce Park, home to Micron Technology's $100 billion chip manufacturing facility.
    • 8.27‑9 acre parcel (subdivisible to 3 acres or more).
    • All public utilities available: sewer, water, gas, and electric.
    • 674± feet of frontage on Morgan Road.
    • High‑growth area in Clay and Cicero.
    • Corner lot with access from Morgan Road to Route 31.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clay
    County
    Onondaga
    State
    New York
    Longitude
    -76.216806
    Latitude
    43.185337

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    FAQs

    What type of property is this?
    Land - 8 Acres, Prime Location, High Growth Area
    Where is this land located?
    The property is located at 8565 Morgan Rd Clay, NY.
    What is the asking price?
    The asking price for this property is $1,560,000.
    What are key features of this property?
    This property features: Prime location less than 3 miles from White Pine Commerce Park, home to Micron Technology's $100 billion chip manufacturing facility.; 8.27-9 acre parcel (subdivisible to 3 acres or more).; All public utilities available: sewer, water, gas, and electric.
    (315) 445-8534
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    8565 Morgan 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
    8565 Morgan Rd Clay, NY 13041
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