7351 State Highway 68 Ogdensburg, NY 13669
- Commercial real estate
- 3,000 SF
- 84.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7351 State Highway 68
- Year built
- 1931
- Lot size
- 84.60 lot acres
- Property size
- 3,000 SF
- Property type
- Commercial real estate
Description
This exceptional 84.6-acre commercial property in Ogdensburg, NY, presents a unique investment opportunity. Located on State Highway 68, this high-traffic location boasts excellent visibility and is surrounded by other commercial businesses. The property includes a 3,000 sq. ft. metal storage barn featuring a roof and concrete slab floor, ideal for various uses. Two existing billboards generate a combined annual income of $6,000, with half covering property taxes, resulting in a substantial net profit. The land itself comprises diverse features: 58.7 acres of pasture/hayland, 14.23 acres of woody wetlands, and 9.88 acres of federal wetlands, along with additional shrubbery. The property also benefits from existing utilities including septic, well, and electricity. Note that an older home on the property is structurally unsound and should not be entered, and a previously existing manufactured home is being removed. A state easement exists at the roadside for culvert maintenance. The property's strategic location, combined with its income-generating billboards and versatile land, makes it suitable for a wide range of commercial ventures, including farming or even a solar panel farm. The back of the property borders the airport, offering additional potential. This is a rare opportunity to acquire a substantial parcel of land with significant income potential and diverse development possibilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ogdensburg
- County
- St. Lawrence
- State
- New York
- Longitude
- -75.4646
- Latitude
- 44.6861
