501 4 St And Magee St Watkins Glen, NY 14891
This exceptional 0.58-acre commercial land parcel presents a rare investment opportunity in the vibrant town of Watkins Glen, New York. Located at 501 Fourth Street and Magee Street, this property boasts a highly desirable location with excellent visibility and accessibility. The site benefits from a strategic position on busy Fourth Street, experiencing a high average annual daily traffic count of 11,961 vehicles (2017 data). Its zoning designation, Mixed Use Neighborhood (Zoned N), allows for a diverse range of development possibilities, catering to both commercial and residential uses. The property's proximity to key amenities further enhances its appeal. Within walking distance, you'll find the convenience of Walmart, the recreational attractions of Clute Park and Seneca Lake, and the bustling activity of the downtown business district. This combined parcel offers significant potential for developers and investors seeking a prime location in a thriving community. The property's size and zoning flexibility provide ample room for creative development concepts, making it an ideal canvas for a variety of commercial ventures. This is a unique chance to acquire a strategically located parcel in a sought-after area of Watkins Glen. Don't miss this opportunity to secure a piece of Watkins Glen's promising future. The property is situated in Schuyler County, New York, with a zip code of 14891.
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.