Current Use by Public Records
- Retail properties & Spaces
Property Details for 7 & 8 State Hwy
- Property type
- Retail properties & Spaces
Description
This exceptional commercial property presents a unique investment opportunity in Unadilla, New York. Located at the high-traffic intersection of State Highway 7 and State Highway 8, this approximately seven-acre parcel offers significant developable land. The asking price has recently been reduced to $265,000, making this an attractive proposition for discerning investors. The property's strategic location provides excellent visibility and accessibility, situated less than a mile from Interstate 88, ensuring high traffic volume and exposure to a large customer base. The existing building, while currently listed as zero square feet, presents potential for redevelopment or expansion, or could be removed to maximize the land's potential. The seller is open to considering the subdivision of the property, offering flexibility for various development scenarios. This location is ideal for a variety of commercial uses, with a convenience store being one potential option, but the possibilities are truly endless. This prime commercial real estate presents a rare chance to acquire a significant parcel in a high-traffic area with excellent growth potential. The reduced price makes this an even more compelling investment opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Unadilla
- County
- Otsego
- State
- New York
- Longitude
- -75.3062
- Latitude
- 42.37
