237 Ny-31 Macedon, NY 14502
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.
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
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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.