0 Saranac Lk Dr Coreys, NY 12983
This exceptional 1.17-acre commercial lot presents a unique opportunity in the desirable Saranac Lake area. Located at 0 Panorama Drive, Lot 5 Saranac Lake Drive, Potsdam, NY 12983, this property boasts stunning mountain views and is conveniently situated just minutes from the vibrant downtown Saranac Lake Village. The land is zoned for residential use, offering flexibility for development. The lot itself is remarkably level and cleared, featuring numerous trees while still providing expansive views. The property's size and features make it ideal for a variety of commercial ventures. Utilities are readily available, including cable, electricity, internet, and phone service. However, prospective buyers should note that septic and well systems will be required. Access is via a private road. The APN is 32.29-1-5.000. Priced at $125,000, this represents an exceptional value at approximately $106,837.61 per acre. Don't miss this chance to acquire a prime piece of land with significant potential in a sought-after location. This property is ready for your vision.
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
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.