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Property profile

20 Beardslee Ave Herkimer, NY 13350

OFF-MARKET
Land
29 ac lot
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Property summary

AI-generated overview

This exceptional 29-acre parcel presents a unique residential development opportunity in the desirable Herkimer, New York area. Situated on a hilltop bordering Brookwood Park, this property offers breathtaking views overlooking the historic Village of Herkimer. The land's strategic location provides convenient access to all the amenities of the village. Infrastructure is readily available, with village water, sewer, electricity, and natural gas services accessible at the roadside. This significantly reduces development costs and streamlines the construction process. The site is ready for immediate development, making it an ideal investment for builders seeking to address the area's housing needs. The expansive acreage allows for a variety of development plans, from single-family homes to larger-scale residential projects. This is a rare chance to acquire a substantial, well-located parcel primed for residential construction in a thriving community. The property's stunning views and convenient location make it an attractive proposition for discerning developers and investors. The existing infrastructure ensures a smooth and efficient development process, minimizing delays and maximizing returns. This is a truly exceptional opportunity to create a landmark residential community in a highly sought-after location. The 29-acre lot is located at 20 Beardslee Ave, Herkimer, NY 13350. The asking price is $220,000.

Property profile

Verified
Property type Land
Lot 29 ac (1,263,240 SF)

Cap rate & NOI

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

Location

20 Beardslee Ave Herkimer, NY 13350
Herkimer 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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