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    Horatio St Utica, NY 13502

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    For Sale
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    47.83 Acres, Prime Utica Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 47.83-acre commercial land parcel presents a unique development opportunity in Utica, New York. Strategically located in Oneida County, the property boasts a Planned Development zoning designation, offering significant flexibility for a wide range of commercial projects. Its prime location offers unparalleled visibility and high traffic counts, situated directly adjacent to the SUNY IT campus. This proximity to a major educational institution provides a substantial pool of potential customers and employees. Furthermore, the site benefits from its close proximity to the recently completed Wolfspeed semiconductor factory, a significant economic driver for the region. The property is also conveniently located near the thriving Riverside Center, a major retail hub anchored by prominent national retailers including Walmart, Lowe's, BJ's Wholesale Club, Burlington, Bass Pro Shops, and Tractor Supply. This established retail presence ensures high consumer traffic and a strong existing customer base. The combination of a desirable location, ample acreage, and flexible zoning makes this property an ideal investment for developers seeking a high-impact commercial project in a rapidly growing area. The address is Horatio Street, Utica, NY 13502.

    Property Features for 0 Horatio St

    General Information

    Property type
    Land
    Lot Size
    2,083,475 SF

    HighLights

    • 47.83‑acre commercial land parcel in Utica, NY.
    • Planned Development zoning.
    • Prime location adjacent to SUNY IT campus.
    • Proximity to Wolfspeed semiconductor factory and major retailers (Walmart, Lowe's, BJ's, Burlington, Bass Pro Shops, Tractor Supply) at Riverside Center.
    • High traffic and visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Utica
    County
    Oneida
    State
    New York
    Longitude
    -75.2211651
    Latitude
    43.1341248

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    FAQs

    What type of property is this?
    Land - 47.83 Acres, Prime Utica Location
    Where is this land located?
    The property is located at Horatio St Utica, NY.
    What are key features of this property?
    This property features: 47.83-acre commercial land parcel in Utica, NY.; Planned Development zoning.; Prime location adjacent to SUNY IT campus.
    (315) 736-1555
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    Horatio St Utica, NY 13502
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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
    Horatio St Utica, NY 13502
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