639 Norton Dr, Olean, NY 14760
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
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.