0 Brewerton Rd Cicero, NY 13039
This exceptional 6.13-acre parcel in Cicero, NY, presents a remarkable development opportunity. Located minutes from the proposed Micron Chip Fab and the Hamlet of Brewerton, this property boasts a General Commercial zoning designation, allowing for a wide range of uses. Existing engineered plans for a roughly 40,000 square foot flex business park are available, offering a solid foundation for immediate development. Alternatively, the site's zoning permits exploration of various projects, including shopping centers, hotels, gas stations, car washes, multi-family dwellings, apartments (catering to senior, low-income, or market-rate residents), and townhomes, subject to municipal approvals. The property's strategic location near the significant Micron investment and the established Hamlet of Brewerton ensures high visibility and accessibility. This presents a unique chance to capitalize on the substantial anticipated economic growth fueled by local, state, federal, and Micron investments in the area. The current climate for apartment development is particularly attractive, with various funding opportunities available. This is a truly exceptional investment prospect with immense potential for substantial returns. The property is available for a 1031 exchange. The sale price is based on land value only.
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
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.