Property summary
This exceptional 10.9-acre commercial property in Arkville, NY, presents a unique investment opportunity. Located at 100 Maxim Lane, the property is zoned and permitted for auto sales, auto repair, and auto disassembly (junk yard). A profitable business has operated on this site for several years. The asking price is $1,500,000. While currently utilized as a junk yard, the significant value lies in the substantial reserves of hard stone and bank run gravel beneath the surface. Seller documentation indicates hundreds of thousands of cubic yards of these materials are present, offering a potentially lucrative mining venture. The existing automotive inventory and storage containers will be removed upon sale. The property's location in Fleischmanns, NY (zip code 12430), offers convenient access to major transportation routes. The latitude and longitude coordinates are 42.1551135, -74.5864425 respectively. Note that adjacent quarry images shown in marketing materials are from neighboring property. This property is a blank canvas for a variety of commercial uses, offering significant potential for both immediate income and long-term development. The square footage of existing structures is currently listed as zero. Serious inquiries only.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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