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Property profile & analytics
OFF-MARKET
Land

237 Ny-31 Macedon, NY 14502

4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4-acre commercial and industrial land parcel presents a remarkable investment opportunity in Macedon, New York. Located on Macedon Parkway at Route 31, this strategically positioned property boasts high visibility and accessibility, with convenient access from Lowe's east side entrance. The site benefits from significant daily traffic volume, with over 17,643 vehicles traversing Route 31 daily. Zoned for General Commercial use, the property allows for a diverse range of development options, including retail, hotel, self-storage, and mixed-use residential projects. Utilities are readily available on-site, and prominent pylon signage opportunities exist along Route 31, maximizing marketing potential. The thriving community and robust trade area further enhance the property's appeal. Nearby established businesses include Walmart, Lowe's, Caliber Collision, GO Car Wash, Microtel by Wyndham, KFC, Taco Bell, and new multi-family residential developments, creating a strong foundation for future growth and success. The asking price for this prime development site is $620,000. This is a rare chance to acquire a well-located, versatile property in a rapidly growing market.

Property profile
Verified
Property type Land
Lot 4 ac (174,240 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
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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