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Property profile

Medical Center Dr Fayetteville, NY 13066

OFF-MARKET
Commercial real estate
1.52 ac lot
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Property summary

AI-generated overview

This exceptional 1.52-acre parcel presents a prime opportunity for development in the desirable Fayetteville/Manlius area of New York. Located on Medical Center Drive, a traffic light-controlled intersection, this property boasts excellent visibility and accessibility. The nearly level site is essentially shovel-ready, minimizing upfront development costs and expediting construction timelines. Its ideal location makes it suitable for a variety of office uses, including a multi-level or single-level office complex, potentially even a memory care facility, subject to municipal approvals. The property's advantageous position within a well-established area ensures strong potential for attracting clients and employees. This is a rare chance to secure a highly visible and conveniently located site for your business venture in a thriving community. The property offers significant potential for growth and return on investment, making it an attractive proposition for discerning developers and businesses seeking a strategic location. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details and municipal requirements can be obtained through the appropriate channels. This offering is presented as-is.

Property profile

Verified
Property type Commercial real estate
Lot 1.52 ac (66,211 SF)

Cap rate & NOI

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

Location

Medical Center Dr Fayetteville, NY 13066
Fayetteville metro
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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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