5198 Ny-23, Oneonta, NY 13820
This exceptional 3.28-acre commercial land parcel presents a prime development opportunity in Oneonta, New York. Located at 5198 NY-23, this property boasts excellent visibility and accessibility from Route 23, a major thoroughfare. The site benefits from its strategic location adjacent to the Quality Inn Hotel and Banquet Center, and directly across from Interstate 88, ensuring high traffic volume and prominent exposure. A former building has been completely demolished, and the land is now graded and ready for immediate development. The property is zoned for commercial use, making it ideal for a wide range of projects, including retail establishments, service businesses, or office spaces. This location offers unparalleled convenience and visibility, making it an attractive investment for developers seeking a high-impact commercial venture. The property is offered at $495,000 and is situated in Otsego County, New York, with a zip code of 13820. This is a rare opportunity to acquire a prepared development site in a high-traffic area with significant potential for growth and return on investment. The site's flat, graded nature simplifies construction planning and reduces initial development costs. Don't miss this chance to secure a prime location for your next commercial project.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
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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.