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    302 Genesee St Utica, NY 13502

    Sponsored
    For Sale
    $2,000,000

    18 Acres, High Visibility, $2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 18-acre commercial development site, located at 302 N. Genesee Street in Utica, New York (zip code 13502), presents a unique investment opportunity. The property, identified by APN 307.17-1-13.2, is zoned COM 1 and offers significant potential for a variety of commercial ventures. Its prime location boasts high traffic counts and exceptional visibility, ensuring maximum exposure for any development. The site benefits from its proximity to major roadways, including convenient access to NYS Thruway Exit 31, facilitating easy transportation and accessibility for customers and employees. Furthermore, its strategic placement near established national hotel chains and restaurants provides added convenience and draws upon existing infrastructure and customer bases. This redevelopment opportunity is situated in Oneida County and offers substantial acreage for large-scale projects. The asking price for this remarkable property is $2,000,000. This is an unparalleled chance to capitalize on a highly desirable location and create a thriving commercial development in a vibrant area.

    Property Features for 302 Genesee St

    General Information

    Property type
    Land
    Lot Size
    784,080 SF

    HighLights

    • 18‑acre commercial development site in Utica, NY (13502), APN 307.17‑1‑13.2.
    • Zoned COM 1, offering high visibility and traffic counts.
    • Excellent access to NYS Thruway Exit 31 and major roadways.
    • Near established hotels and restaurants.
    • $2,000,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Utica Dental Laboratory ... Dental Laboratory Baumgarten Paul H ... Podiatrist Boost Digital Marketing Internet Marketing Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Utica
    County
    Oneida
    State
    New York
    Longitude
    -75.2136809
    Latitude
    43.113338

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    FAQs

    What type of property is this?
    Land - 18 Acres, High Visibility, $2M
    Where is this land located?
    The property is located at 302 Genesee St Utica, NY.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 18-acre commercial development site in Utica, NY (13502), APN 307.17-1-13.2.; Zoned COM 1, offering high visibility and traffic counts.; Excellent access to NYS Thruway Exit 31 and major roadways.
    (315) 736-1555
    Request Owner's contact information
    302 Genesee St Utica, NY 13502
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    Utica, NY 13502
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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
    302 Genesee St Utica, NY 13502
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