Property profile

6427 Ny-31 Cicero, NY 13039

OFF-MARKET
Land
5.23 ac lot
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Property summary

AI-generated overview

This exceptional 5.23-acre commercial property in Cicero, NY, presents a unique investment opportunity. Strategically located on State Route 31, it boasts over 300 feet of road frontage, providing excellent visibility and accessibility. The property's convenient proximity to Interstate 81 and Micron Technology's facilities ensures high traffic counts and a strong potential for various commercial ventures. The site is zoned GC, offering flexibility for diverse development plans. An existing house on the property is currently rented on a month-to-month basis, providing immediate potential rental income. The property also features additional frontage along South Bay Road, allowing for convenient pass-through access. Built in 1890, the existing residence offers potential for renovation or removal to accommodate future development. This prime location, combined with its size and zoning, makes this property an ideal choice for businesses seeking high visibility and easy access to major transportation routes. The property's location near Micron and I-81 offers unparalleled convenience and access to a large workforce. Don't miss this chance to acquire a highly desirable commercial parcel in a thriving area.

Property profile

Verified
Property type Land
Lot 5.23 ac (227,819 SF)

Cap rate & NOI

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

Location

6427 Ny-31 Cicero, NY 13039
Cicero 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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