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    748 State Highway 28 Oneonta, NY 13820

    Sponsored
    For Lease
    Contact for pricing

    1-Acre Commercial Lot, Excellent Visibility

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.08-acre commercial property, located at 748 State Highway 28 in Oneonta, New York, presents a unique investment opportunity. Zoned for commercial use, this single-tenant site boasts a highly visible location with a convenient curb cut, ideal for a variety of retail businesses or restaurants. The property's versatile zoning allows for flexibility in development plans. The land itself is a significant asset, offering ample space for building construction or expansion. With a total building square footage of 1 square foot and an equal amount of vacant square footage, this property is ready for immediate development. The property's location in Otsego County, New York, provides access to a thriving local market and strong community presence. The 13820 zip code offers convenient access to major transportation routes, ensuring high visibility and accessibility for potential businesses. This is a rare opportunity to acquire a prime commercial parcel in a desirable location, perfect for entrepreneurs seeking to establish a new business or expand an existing one. The property's single-tenant status offers simplicity and control, making it an attractive option for investors seeking a straightforward investment. The combination of prime location, ample land, and flexible zoning makes this property a truly exceptional opportunity. Don't miss out on this chance to secure a valuable asset in a growing market.

    Property Features for 748 State Highway 28

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 1.08‑acre commercial lot at 748 State Highway 28, Oneonta, NY.
    • High‑visibility location with curb cut, ideal for retail or restaurants.
    • Zoned for commercial use, offering development flexibility.
    • 11,000+ vehicles per day (VPD) traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.0531125
    Latitude
    42.446609

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    FAQs

    What type of property is this?
    Restaurant - 1-Acre Commercial Lot, Excellent Visibility
    Where is this restaurant located?
    The property is located at 748 State Highway 28 Oneonta, NY.
    What are key features of this property?
    This property features: 1.08-acre commercial lot at 748 State Highway 28, Oneonta, NY.; High-visibility location with curb cut, ideal for retail or restaurants.; Zoned for commercial use, offering development flexibility.
    Request Owner's contact information
    748 State Highway 28 Oneonta, NY 13820
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    Oneonta, NY 13820
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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
    748 State Highway 28 Oneonta, NY 13820
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