0 Knabb Rd Elma, NY 14059
This exceptional 6.86-acre building lot presents a unique opportunity to build your dream home in desirable Elma, New York. Located on Knabb Road, this property is one of three available lots, offering privacy and tranquility. The land boasts over 200 feet of creek frontage, adding to its natural beauty. Elevated building sites ensure protection from floodplains, providing peace of mind. Enjoy breathtaking views of the surrounding nature from your future home. The property is zoned residential C, allowing for the possibility of a two-unit dwelling or in-law suite, subject to town approval. Convenient access to utilities is ensured, with gas, water, electric, and cable services planned for each lot. Elma is renowned for its attractive tax rates and highly-regarded Iroquois school district. This is not your average building lot; it's a truly exceptional opportunity to create a custom home in a picturesque setting. The asking price for this remarkable property is $250,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.