Fay St, Fulton, NY 13069
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.
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
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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.