7351 State Highway 68, Ogdensburg, NY 13669
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.
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.