This exceptional 5.33-acre commercial land parcel in Clay, New York, presents a compelling investment opportunity. Strategically located across from a planned development at the former Great Northern Mall site and just a short 2.7-mile drive (approximately 3 minutes) from the Micron Technology expansion, this property boasts unparalleled visibility and accessibility. The site offers approximately 3 acres of developable land, ideal for a variety of commercial ventures. Its convenient location provides easy access to major highways, ensuring high traffic flow and excellent exposure for any business. The property is zoned Commercial (RC-1), simplifying the development process. The asking price has been reduced to $275,000, making this an attractive proposition for discerning investors. The tax ID number is 055.-01-08.2. This is an estate sale, offering a clean and straightforward ownership transfer. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area. The property's location offers significant potential for future appreciation, making it a sound investment for long-term growth.
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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
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.