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    OFF-MARKET
    Office Spaces

    Fay St, Fulton, NY 13069

    2.13 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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