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    Caughdenoy Rd Clay, NY 13041

    Sponsored
    For Sale
    Contact for pricing

    40 Acres Near Micron Plant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40.02-acre parcel in Clay, New York, presents a unique commercial development opportunity. Strategically located in Northern Onondaga County, this property boasts over 1,000 feet of frontage on Caughdenoy Road, offering significant visibility and accessibility. Its prime location is directly across from the Micron/White Pine Commerce Park site, providing unparalleled proximity to a major economic driver. The property's zoning offers flexibility for a variety of commercial uses. The northern half (approximately 20 acres) is zoned Highway Commercial (HC-1), ideal for businesses requiring high visibility and convenient access. The southern half (approximately 20 acres) is zoned Residential Townhouse (R-TH), allowing for the potential development of residential units, creating a mixed-use development opportunity. This versatile zoning allows for a range of development options, from large-scale commercial projects to complementary residential components. The substantial acreage and strategic location make this property an exceptional investment for developers seeking a high-impact project near a rapidly growing technology hub. The 13041 zip code provides easy access to major transportation routes, further enhancing its appeal. This is a rare opportunity to acquire a significant land holding in a thriving area with immense potential for future growth.

    Property Features for 0 Caughdenoy Rd

    General Information

    Property type
    Land
    Lot Size
    1,743,271 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clay
    County
    Onondaga
    State
    New York
    Longitude
    -76.1673262
    Latitude
    43.1978684

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    FAQs

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    Land - 40 Acres Near Micron Plant
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    The property is located at Caughdenoy Rd Clay, NY.
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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
    Caughdenoy Rd Clay, NY 13041
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