Property profile

1000 Sangerfield Sangerfield, NY 13480

OFF-MARKET
Land
9 ac lot
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Property summary

AI-generated overview

Exceptional development opportunity awaits with this 9-acre commercial parcel in Sangerfield, NY, boasting 606 feet of frontage on NY State Route 12 and additional frontage on US Route 20. This high-visibility location offers easy access for trucks, with ingress and egress from both major roadways. The property features an existing house, suitable for renovation into office space or demolition for new construction. Public water, natural gas, and 3-phase power are available. Excellent perc test results are on file. The site is already approved for an 80,000 square foot building, plus three outparcels. Strategically located at the intersection of NY Route 12 and the four-lane US Route 20, this property enjoys exceptional exposure, surrounded by established businesses including Michael's Restaurant, Titan Homes Manufacturing, White's Farm Supply, Webb's Lumber, Napa Auto Parts, and national grain silos. Major truck routes provide convenient access to Watertown, Norwich, and numerous communities throughout Oneida, Madison, Otsego, Herkimer, and Chenango Counties. The area presents a significant need for various commercial services, including grocery, pharmacy, banking, fast food, and truck stop facilities. This shovel-ready property is offered by the developer, who is open to either selling or building to suit. The 392,040 square foot lot is served by a gas heating system and septic tank.

Property profile

Verified
Property type Land
Lot 9 ac (392,040 SF)

Cap rate & NOI

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

Location

1000 Sangerfield Sangerfield, NY 13480
Sangerfield 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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