0 Barnes Rd Little Falls, NY 13365
This exceptional investment opportunity encompasses 1,457 acres in Herkimer County, New York, strategically divided into 36 distinct parcels. The portfolio boasts a diverse range of land uses, including 230 acres of development land ideally situated near the Micron plant in the Verona, Westmoreland, and Little Falls areas, 304 acres of farmland suitable for various agricultural ventures, 63 acres of waterfront property, and 550 acres of recreational land. The remaining acreage consists of building lots. Priced at a highly competitive $2,200 per acre, this portfolio presents a unique chance for investors and developers to capitalize on the significant growth potential fueled by Micron's presence and the inherent versatility of the land. Detailed parcel schedules (A and AA) are available. This substantial land holding offers a compelling investment in New York State's burgeoning economy, suitable for agricultural, commercial, residential, and recreational development. The property is located near Barnes Rd, Salisbury, NY 13365.
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
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.