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    4561 Commercial Dr New Hartford, NY 13413

    Sponsored
    For Sale
    $1,695,000

    2.3-acre C-3 zoned lot; ideal redevelopment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.3-acre commercial land parcel presents a remarkable redevelopment opportunity in the thriving New Hartford, New York market. Located at 4561 Commercial Drive, this C-3 zoned property boasts a prime location within the established Commercial Drive retail district. Its strategic position offers unparalleled visibility and accessibility, situated adjacent to the Price Chopper Plaza and directly across from the prominent Sangertown Square Mall. The surrounding area is anchored by a concentration of major national retailers, including Hannaford, Red Lobster, Dick's Sporting Goods, Home Goods, Boscov's, and Target, ensuring high traffic volume and strong consumer demographics. This presents a unique chance to capitalize on the existing retail synergy and develop a project that complements the area's vibrant commercial landscape. The asking price for this exceptional property is $1,695,000. The 13413 zip code offers easy access to major transportation routes, further enhancing its appeal to potential investors and developers. Don't miss this opportunity to acquire a highly desirable commercial land parcel in a prime location with significant growth potential.

    Property Features for 4561 Commercial Dr

    General Information

    Property type
    Land
    Lot Size
    100,188 SF

    HighLights

    • $1,695,000 asking price.
    • 2.3‑acre commercial land parcel.
    • C‑3 General Commercial zoning.
    • Prime redevelopment site in New Hartford, NY, near major retailers including Price Chopper Plaza, Sangertown Square Mall, and numerous national brands.
    • Located at 4561 Commercial Dr, New Hartford, NY 13413.
    Property Profile Location Intelligence

    Current Use by Public Records

    Louis LLC Jewelry Store Top Tile Tile Store

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    New Hartford
    County
    Oneida
    State
    New York
    Longitude
    -75.317226255353
    Latitude
    43.085452725978

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    FAQs

    What type of property is this?
    Land - 2.3-acre C-3 zoned lot; ideal redevelopment.
    Where is this land located?
    The property is located at 4561 Commercial Dr New Hartford, NY.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: $1,695,000 asking price.; 2.3-acre commercial land parcel.; C-3 General Commercial zoning.
    Request Owner's contact information
    4561 Commercial Dr New Hartford, NY 13413
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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
    4561 Commercial Dr New Hartford, NY 13413
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