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    466 Us-11 Central Square, NY 13036

    Sponsored
    For Sale
    $9,500,000

    200-acre mixed-use development opportunity

    Property size:
    2,928 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 200-acre property, located at 466 US-11 in Central Square, New York (13036), presents a unique investment opportunity. Priced at $9,500,000, this mixed-use site boasts significant potential for commercial, industrial, or high-density residential development. The existing 2,928 square foot building, constructed in 1994, offers immediate usability, while the expansive acreage allows for substantial future expansion. The property benefits from full utilities, convenient access to major interstate highways via an on-ramp less than 1.5 miles away, and frontage along an existing rail line. Its strategic location offers a short commute to the Micron Fab manufacturing facility, making it highly attractive for businesses seeking proximity to this key industry. The pro-development municipality further enhances the appeal of this site. The property's versatility extends to the potential for creating a large-scale residential community, with the capacity for several hundred units and full services. This exceptional location, coupled with its size and infrastructure, presents a compelling investment opportunity for developers seeking a prime location in Oswego County, New York. The price per square foot is $3,244.54. The property currently has no loading docks. This is a rare opportunity to acquire a large-scale development site with significant upside potential.

    Property Features for 466 Us-11

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,928 SF
    Lot Size
    8,712,000 SF

    Building Details

    Year Built
    1994

    HighLights

    • 200‑acre mixed‑use site in Central Square, NY (13036), priced at $9,500,000.
    • Existing 2,928 sq ft building (1994 construction) plus ample space for expansion.
    • Full utilities, convenient interstate access (under 1.5 miles to on‑ramp), and rail frontage.
    • Prime location near Micron Fab manufacturing facility in a pro‑development municipality.
    • High‑density residential development potential (hundreds of units).
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Central Square
    County
    Oswego
    State
    New York
    Longitude
    -76.1432213
    Latitude
    43.2728937

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    FAQs

    What type of property is this?
    Mixed-use property - 200-acre mixed-use development opportunity
    Where is this mixed-use property located?
    The property is located at 466 Us-11 Central Square, NY.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: 200-acre mixed-use site in Central Square, NY (13036), priced at $9,500,000.; Existing 2,928 sq ft building (1994 construction) plus ample space for expansion.; Full utilities, convenient interstate access (under 1.5 miles to on-ramp), and rail frontage.
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    466 Us-11 Central Square, NY 13036
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    Central Square, NY 13036
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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
    466 Us-11 Central Square, NY 13036
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