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Property profile & analytics
OFF-MARKET
Land

0 Prospect St Sherman, NY 14781

9.04 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.04-acre property in Sherman, New York, presents a unique investment opportunity. Located at 0 Prospect Street, this commercially zoned land boasts a large open area ideal for development, complemented by a significant portion of wooded acreage to the east. The property's versatility allows for a wide range of business ventures. Beyond commercial development, the land offers potential for timber harvesting and recreational pursuits such as hunting. Its proximity to trails enhances its appeal for outdoor enthusiasts, providing easy access to biking, hiking, and snowmobiling opportunities. Convenient access to village water and sewer services, along with readily available electric and gas lines, simplifies the development process. The property's zoning and infrastructure make it suitable for various commercial projects or even a residential development. The combination of open space and wooded areas creates a unique setting with significant potential for future growth and development. This prime location offers an exceptional chance to capitalize on the many possibilities this land presents. The asking price is $68,500.

Property profile
Verified
Property type Land
Lot 9.04 ac (393,782 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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