Property profile

0 Shortman Rd Ripley, NY 14775

OFF-MARKET
Land
23.3 ac lot
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Property summary

AI-generated overview

This exceptional 23.3-acre commercial land parcel in Ripley, New York, presents a unique investment opportunity. Located directly off I-90 (NYS Thruway) at Exit 61, this strategically positioned site boasts over 1,500 feet of road frontage on Shortman Road. Zoned C-2 Commercial, it allows for a wide range of uses, including retail, service, agricultural, recreational, and even residential development. The property is conveniently situated less than a mile from the New York/Pennsylvania border and just half a mile from a new Love's Travel Stop, ensuring high visibility and accessibility. Utilities including electricity, sanitary sewer, and water are readily available at Shortman Road. The site is divisible into smaller parcels of 13, 6, or 4 acres, offering flexibility for various development scenarios. The asking price is $1,100,000 for the entire 23.3-acre site, or $48,000 per acre for smaller parcels. This prime location and versatile zoning make this an ideal investment for discerning buyers seeking high-growth potential in a rapidly developing area. The Chautauqua County location and proximity to major transportation routes offer unparalleled access to a large consumer base.

Property profile

Verified
Property type Land
Lot 23.3 ac (1,014,948 SF)

Cap rate & NOI

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

Location

Shortman Rd Ripley, NY 14775
Ripley metro
Google Maps

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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