Property profile

0 Ny-264 Phoenix, NY 13135

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

This exceptional 20-acre commercial land parcel presents a unique development opportunity in Phoenix, New York. Located at 367 State Route 264, this property boasts convenient access, situated just 1200 feet from the State Route 418 on-ramp and a short 20-minute drive from the planned Micron plant. The level, lightly wooded land features dual access frontage, maximizing its potential. Currently zoned Commercial (C1), this site is ideally suited for a wide range of commercial ventures. Envision a thriving shopping center, a bustling restaurant, a much-needed commercial parking lot, a convenient gas station, expansive sales yards, or a modern mini-storage facility. The property's strategic location offers incredible commute connectivity to surrounding areas, ensuring high visibility and accessibility for any development. While lacking current sewer and public water access, the asking price reflects this, presenting a compelling opportunity for investors and developers seeking a prime location with significant upside potential. The property's size and zoning make it a highly desirable investment in a rapidly growing region.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ny-264 Phoenix, NY 13135
Phoenix metro
Google Maps

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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