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    Shortman Rd Ripley, NY 14775

    Sponsored
    For Sale
    $1,100,000

    23.3 Acres, I-90 Frontage, $1.1M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23.3-acre commercial land parcel in Ripley, New York, presents a unique investment opportunity. Located directly off I-90 (NYS Thruway) at Exit 61, this strategically positioned site boasts over 1,500 feet of road frontage on Shortman Road. Zoned C-2 Commercial, it allows for a wide range of uses, including retail, service, agricultural, recreational, and even residential development. The property is conveniently situated less than a mile from the New York/Pennsylvania border and just half a mile from a new Love's Travel Stop, ensuring high visibility and accessibility. Utilities including electricity, sanitary sewer, and water are readily available at Shortman Road. The site is divisible into smaller parcels of 13, 6, or 4 acres, offering flexibility for various development scenarios. The asking price is $1,100,000 for the entire 23.3-acre site, or $48,000 per acre for smaller parcels. This prime location and versatile zoning make this an ideal investment for discerning buyers seeking high-growth potential in a rapidly developing area. The Chautauqua County location and proximity to major transportation routes offer unparalleled access to a large consumer base.

    Property Features for 0 Shortman Rd

    General Information

    Property type
    Land
    Lot Size
    1,014,948 SF

    HighLights

    • 23.3‑acre prime commercial development site with over 1,500 feet of road frontage.
    • Divisible into 13, 6, or 4‑acre parcels.
    • C‑2 Commercial zoning.
    • Located directly off I‑90 (NYS Thruway) at Exit 61, Shortman Road.
    • One mile from the NY/PA border.
    • Half‑mile from a new Love's Travel Stop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ripley
    County
    Chautauqua
    State
    New York
    Longitude
    -79.74786815
    Latitude
    42.26575336

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    FAQs

    What type of property is this?
    Land - 23.3 Acres, I-90 Frontage, $1.1M
    Where is this land located?
    The property is located at Shortman Rd Ripley, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 23.3-acre prime commercial development site with over 1,500 feet of road frontage.; Divisible into 13, 6, or 4-acre parcels.; C-2 Commercial zoning.
    (716) 426-0630
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    Shortman Rd Ripley, NY 14775
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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
    Shortman Rd Ripley, NY 14775
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