Property profile

32921 Rte Philadelphia, NY 13673

OFF-MARKET
Land
1.35 ac lot
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Property summary

AI-generated overview

This 1.35-acre commercial land parcel in Philadelphia, New York, presents a compelling redevelopment opportunity. Located at 32921 Route 11, this property boasts 390 feet of frontage on Route 11, ensuring high visibility and accessibility. Its strategic location directly across from Indian River Central School guarantees consistent traffic flow, making it ideal for a variety of commercial ventures. The property is situated just five miles from Fort Drum, further enhancing its appeal to businesses serving military personnel and their families. The immediate area is a thriving commercial hub, featuring a mix of businesses, medical offices, town offices, and apartment buildings, creating a synergistic environment for new development. The asking price is $125,000. This exceptional location, combined with the significant lot size and high visibility, makes this property an attractive investment for discerning buyers seeking a prime commercial location in Jefferson County, New York, zip code 13673. The property's proximity to both a major school and military base offers a unique blend of consistent traffic and potential clientele. This is a rare opportunity to acquire a well-positioned commercial land parcel ready for development.

Property profile

Verified
Property type Land
Lot 1.35 ac (58,806 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

32921 Rte Philadelphia, NY 13673
Philadelphia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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