Property profile

Fay St Fulton, NY 13069

OFF-MARKET
Office Spaces
2.13 ac lot
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Property summary

AI-generated overview

This exceptional 2.13-acre parcel presents a remarkable investment opportunity in Fulton, New York. Located on the former Nestle factory site, this property benefits from its recent rezoning as Mixed Use Development, unlocking a wide range of potential uses. Its strategic location just off heavily trafficked State Route 481, the main artery connecting Syracuse and Oswego, ensures high visibility and accessibility. The site's proximity to Clay, NY, where Micron Technology has announced a potential $100 billion investment, further enhances its long-term growth potential. The City of Fulton offers flexibility in terms of lot size and development concepts, allowing for customized projects to suit diverse needs. This property is ideally suited for a variety of developments, including professional office space, medical facilities, retail establishments, restaurants, and residential housing. Consider this a unique chance to capitalize on the burgeoning economic activity in the region and create a thriving development in a prime location. This listing can also be combined with other available lots (MLS# S1555889 & S1555898), offering even greater development potential. The property is also listed as MLS# S1555900. The asking price for this significant parcel is $130,000.

Property profile

Verified
Property type Office Spaces
Lot 2.13 ac (92,783 SF)

Cap rate & NOI

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

Location

Fay St Fulton, NY 13069
Fulton 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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