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    State Route 5 Elbridge, NY 13060

    Sponsored
    For Sale
    $400,000

    Prime 3.54-acre development site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±3.54-acre parcel presents a remarkable commercial development opportunity in Elbridge, NY. Boasting over 400 feet of frontage on State Route 5, this cleared lot benefits from a high daily traffic count of 15,597 vehicles. Situated in the B1-Business District zoning, the property is ideally suited for a variety of commercial uses. The site is essentially "shovel ready," with a water detention pond currently under construction. Its strategic location provides excellent visibility and accessibility, drawing significant traffic from nearby communities like Auburn and commuters traveling to Syracuse. A dedicated turning lane ensures convenient access for customers. The property's APN is 312889-041-000-0003-040-001-0000. This exceptional location offers businesses the chance to tap into a substantial regional market. The asking price for this prime development land is $400,000.

    Property Features for 0 State Route 5

    General Information

    Property type
    Land
    Lot Size
    154,202 SF

    HighLights

    • ±3.54‑acre commercial development site in Elbridge, NY.
    • Over 400 feet of frontage on State Route 5 with an AADT of 15,597 vehicles.
    • B1‑Business District zoning allows for diverse commercial uses.
    • Shovel‑ready site with a water detention pond under construction.
    • Asking price: $400,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Western Union Money Order Service

    Map

    City
    Elbridge
    County
    Onondaga
    State
    New York
    Longitude
    -76.421720370102
    Latitude
    43.038011634576

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    FAQs

    What type of property is this?
    Land - Prime 3.54-acre development site
    Where is this land located?
    The property is located at State Route 5 Elbridge, NY.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: ±3.54-acre commercial development site in Elbridge, NY.; Over 400 feet of frontage on State Route 5 with an AADT of 15,597 vehicles.; B1-Business District zoning allows for diverse commercial uses.
    (585) 735-7739
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    Elbridge, NY 13060
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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
    State Route 5 Elbridge, NY 13060
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