State Route 10 Summit, NY 12175
This exceptional 36.6-acre mixed-use property presents a unique investment opportunity in the vibrant town of Summit, New York. Located on State Route 10, this expansive parcel offers significant potential for a variety of commercial and/or residential developments. The sheer size of the land provides ample space for ambitious projects, allowing for creative design and flexible layouts. Its strategic location on a major thoroughfare ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence. The absence of existing structures allows for complete design freedom, enabling developers to tailor the property to their specific vision and maximize its potential return on investment. The property's substantial acreage offers the possibility of creating a diverse range of uses, from retail and office spaces to residential units or a combination thereof, catering to the growing needs of the Summit community. Detailed site analysis and feasibility studies are recommended to fully explore the development possibilities. This is a rare chance to acquire a large, strategically located parcel in a desirable New York location. Serious inquiries are encouraged to explore the potential of this remarkable property. The property is being offered at a price to be determined. Further information regarding zoning and development regulations is readily available through the appropriate Summit, NY municipal offices.
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
Similar Nearby for Sale
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.