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    OFF-MARKET
    Specialty properties

    639 Norton Dr, Olean, NY 14760

    5.68 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.68-acre parcel presents a unique investment opportunity in Olean, New York. Strategically located off Route 16 and visible from the highway, this commercially zoned land boasts high visibility and traffic volume, making it perfect for a variety of uses. The property is zoned for industrial or warehouse development, but also offers potential for apartments or other multi-family dwellings, or an office/flex warehouse building. The land is level at street grade, offering ease of construction. With over 667 feet of frontage along the main road, this site provides excellent accessibility. The property is easily subdividable to meet specific project needs. City water and sewer are readily available, and NYSEG provides gas and electric service. This location offers significant advantages, including proximity to major transportation routes

    Property profile
    Verified
    Property type Specialty properties
    Lot 5.68 ac (247,421 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
    Current use
    Occupant on record · Public records
    • Olean Times Herald Publishing House Newspaper & Magazine
    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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