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Property profile & analytics
OFF-MARKET
Land

0 Shortman Rd Ripley, NY 14775

23.3 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 23.3 ac (1,014,948 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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