Property profile

237 Ny-31 Macedon, NY 14502

OFF-MARKET
Land
4 ac lot
Saved · see the list in your Dashboard

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

Location

237 Ny-31 Macedon, NY 14502
Macedon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 237 Ny-31?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message