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    State Route 10 Summit, NY 12175
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    State Route 10, Summit, NY 12175

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    • Mixed-use properties
    • 36.60 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Mixed-use properties

    Property Details for State Route 10

    Year built
    1950
    Lot size
    36.60 lot acres
    Property type
    Mixed-use properties

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Summit
    County
    Schoharie
    State
    New York
    Longitude
    -74.587
    Latitude
    42.5817
    More about this property
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