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    409 Genesee St Oneida, NY 13421

    Sponsored
    For Sale
    $1,235,000

    41+ Acres, Zoned Commercial/Residential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 41.66-acre property in Oneida, NY, presents a remarkable investment opportunity. Located at 409 Genesee St, 13421, this high and dry site boasts a strategic location, minutes from I-90 and directly on Route 5, offering easy access to both Syracuse and Utica markets. The majority of the land is zoned commercial, with approximately 10 acres zoned residential, providing flexibility for a diverse range of development projects. Envision a medical facility, recreational complex, shopping center, multi-level housing development, or even a unique wedding destination with accompanying cottages. While municipal approvals are required, the sheer size and readiness of this parcel are rare finds. This property is ideally suited for those seeking to capitalize on the growth opportunities in the region or establish a prominent presence in a tranquil setting. The former golf course location offers a serene environment unlike typical commercial properties. The asking price is $1,235,000. Don't miss this chance to acquire a truly exceptional piece of Central New York real estate.

    Property Features for 409 Genesee St

    General Information

    Property type
    Land
    Lot Size
    1,814,710 SF

    HighLights

    • $1,235,000 asking price.
    • 41.66‑acre land parcel.
    • Located at 409 Genesee St, Oneida, NY 13421.
    • Primarily commercially zoned, with approximately 10 acres residentially zoned.
    • Convenient access to I‑90 and Route 5, near Syracuse and Utica.
    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
    Oneida
    County
    Madison
    State
    New York
    Longitude
    -75.663772
    Latitude
    43.070926

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    FAQs

    What type of property is this?
    Land - 41+ Acres, Zoned Commercial/Residential
    Where is this land located?
    The property is located at 409 Genesee St Oneida, NY.
    What is the asking price?
    The asking price for this property is $1,235,000.
    What are key features of this property?
    This property features: $1,235,000 asking price.; 41.66-acre land parcel.; Located at 409 Genesee St, Oneida, NY 13421.
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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
    409 Genesee St Oneida, NY 13421
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