0 Ny-264, Phoenix, NY 13135
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.
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
Similar Nearby for Lease
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.