Property profile

0 State Ny-434 Apalachin, NY 13732

OFF-MARKET
Land
1.17 ac lot
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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

Location

State Ny-434 Apalachin, NY 13732
Apalachin metro
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Value estimations

Realmo proprietary · 4 methods
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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
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