Property profile

37 And Paterson Ogdensburg, NY 13669

OFF-MARKET
Land
16 ac lot
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Property summary

AI-generated overview

This exceptional 16-acre commercial land parcel presents a significant development opportunity in Ogdensburg, New York. Strategically located at the intersection of NYS Route 37 and Paterson Street, this property boasts high visibility and accessibility. Its prime location offers immediate proximity to established businesses, including McDonald's, Advanced Auto Parts, Verizon, Aldi, and Tractor Supply, ensuring high traffic flow and potential customer base. The property is zoned for commercial use, allowing for a wide range of development possibilities. The substantial lot size provides ample space for large-scale projects or the potential for subdivision. Furthermore, this location may qualify for Opportunity Zone incentives, offering potential tax advantages for long-term investors seeking to defer and potentially reduce capital gains taxes. This presents a unique chance to capitalize on a thriving commercial area with significant growth potential. The asking price for this exceptional property is $1,500,000. Detailed zoning information and potential Opportunity Zone benefits should be independently verified. This property is situated in St. Lawrence County, New York, with a zip code of 13669.

Property profile

Verified
Property type Land
Lot 16 ac (696,960 SF)

Cap rate & NOI

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

Location

37 And Paterson Ogdensburg, NY 13669
Ogdensburg metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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