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Property profile & analytics
OFF-MARKET
Land

0 Brewerton Rd Cicero, NY 13039

6.13 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 6.13 ac (267,023 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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