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    20 Beardslee Ave Herkimer, NY 13350

    Sponsored
    For Sale
    $220,000

    Prime Residential Development Opportunity in Herkimer, NY

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 29-acre parcel presents a unique residential development opportunity in the desirable Herkimer, New York area. Situated on a hilltop bordering Brookwood Park, this property offers breathtaking views overlooking the historic Village of Herkimer. The land's strategic location provides convenient access to all the amenities of the village. Infrastructure is readily available, with village water, sewer, electricity, and natural gas services accessible at the roadside. This significantly reduces development costs and streamlines the construction process. The site is ready for immediate development, making it an ideal investment for builders seeking to address the area's housing needs. The expansive acreage allows for a variety of development plans, from single-family homes to larger-scale residential projects. This is a rare chance to acquire a substantial, well-located parcel primed for residential construction in a thriving community. The property's stunning views and convenient location make it an attractive proposition for discerning developers and investors. The existing infrastructure ensures a smooth and efficient development process, minimizing delays and maximizing returns. This is a truly exceptional opportunity to create a landmark residential community in a highly sought-after location. The 29-acre lot is located at 20 Beardslee Ave, Herkimer, NY 13350. The asking price is $220,000.

    Property Features for 20 Beardslee Ave

    General Information

    Property type
    Land
    Lot Size
    1,263,240 SF

    HighLights

    • $220,000 asking price.
    • 29‑acre residential land parcel.
    • Located at 20 Beardslee Ave, Herkimer, NY 13350.
    • Hilltop location bordering Brookwood Park, overlooking Herkimer Village.
    • Utilities (water, sewer, electric, natural gas) available at the roadside.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Herkimer
    County
    Herkimer
    State
    New York
    Longitude
    -74.9982653
    Latitude
    43.0357215

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    FAQs

    What type of property is this?
    Land - Prime Residential Development Opportunity in Herkimer, NY
    Where is this land located?
    The property is located at 20 Beardslee Ave Herkimer, NY.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: $220,000 asking price.; 29-acre residential land parcel.; Located at 20 Beardslee Ave, Herkimer, NY 13350.
    Request Owner's contact information
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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
    20 Beardslee Ave Herkimer, NY 13350
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