8894 Caughdenoy Rd Clay, NY 13041
- Commercial real estate
- 13 SF
Current Use by Public Records
- Commercial real estate
Property Details for 8894 Caughdenoy Rd
- Property size
- 13 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use property in Clay, New York, presents a compelling investment opportunity. Located at 8894 Caughdenoy Road, this 1,400 square foot property boasts a prime location offering quick access to the Micron plant, making it an ideal site for various uses. Currently zoned I-1, it allows for multiple repurposing options, providing flexibility for future development. The existing structure, a three-bedroom, one-and-a-half-bathroom home, offers immediate rental income potential, estimated at approximately $2,000 per month. The property also features over 400 feet of deeded road frontage, adding to its overall value and potential. This property is also listed under residential MLS#S1472105. With its strategic location, versatile zoning, and existing rental income stream, this property represents a unique chance to capitalize on the growth surrounding the Micron plant, whether as a short-term rental investment or a longer-term holding. The asking price is $695,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clay
- County
- Onondaga
- State
- New York
- Longitude
- -76.1671837
- Latitude
- 43.2009891
