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Property profile & analytics
OFF-MARKET
Mixed-use properties

State Route 10 Summit, NY 12175

36.6 ac lot Built 1950
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1950
Lot 36.6 ac (1,594,296 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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