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    9999 Main St Clarence, NY 60014

    Sponsored
    For Sale
    $10,000,000

    Prime Commercial/Residential Land - $10M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 62-acre development site presents a unique investment opportunity in the heart of Crystal Lake, NY. Located at 9999 Main St, this fee-simple property boasts a highly desirable COMMR zoning classification, permitting a diverse range of uses including multi-family residential, retail, and industrial developments. The site's strategic location offers significant advantages, including Main Street frontage and direct access to the Chicago and Northwestern Rail Line. Existing infrastructure includes readily available sewer and water services, ensuring seamless development. The property's high visibility is further enhanced by daily traffic counts exceeding 17,200 vehicles. Its proximity to a Metra station provides convenient commuter access. The expansive lot size allows for flexibility in development plans, with the possibility of dividing the property to suit individual project needs. This prime location, coupled with its versatile zoning and excellent infrastructure, makes this a truly exceptional opportunity for significant returns. The asking price for this remarkable property is $10,000,000. The property is located in Mc Henry County, NY, with a zip code of 60014.

    Property Features for 9999 Main St

    General Information

    Property type
    Land
    Lot Size
    2,700,720 SF

    HighLights

    • $10,000,000 asking price.
    • 62‑acre land parcel.
    • Fee simple ownership.
    • Located at 9999 Main St, Crystal Lake, NY 60014 (Note: City and State information is inconsistent in the source data. Crystal Lake, IL is assumed based on zip code).
    • COMMR zoning permits multi‑family, retail, and industrial development.
    • Utilities available (sewer and water).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    City
    Clarence
    County
    Mc Henry
    State
    New York

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land - $10M
    Where is this land located?
    The property is located at 9999 Main St Clarence, NY.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: $10,000,000 asking price.; 62-acre land parcel.; Fee simple ownership.
    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
    9999 Main St Clarence, NY 60014
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