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    OFF-MARKET
    Land

    0 State Ny-434, Apalachin, NY 13732

    1.17 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.17-acre commercial land parcel presents a unique investment opportunity in Apalachin, New York. Strategically located on the corner of State Route 434 and Pennsylvania Avenue, this property boasts a prime location at a traffic light intersection, ensuring high visibility and accessibility. With 462 feet of frontage on State Route 434 and 111 feet on Pennsylvania Avenue, this site benefits from an average daily traffic count of 9,921 vehicles, drawing significant traffic from Apalachin, Owego, and Pennsylvania. The property is situated within the Owego Economic Development Zone, offering potential advantages for qualifying businesses. All essential utilities are readily available on-site, including electricity, natural gas, public water, and public sewer, simplifying development plans. This high-traffic location makes it ideal for a variety of retail developments, offering significant potential for growth and return on investment. The asking price for this exceptional property is $55,000. Don't miss this chance to acquire a highly visible and well-situated commercial lot in a thriving area.

    Property profile
    Verified
    Property type Land
    Lot 1.17 ac (50,965 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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