This 0-unit agricultural land parcel in Herkimer County, New York, is listed at $59,900. Located on Route 28 in Russia, NY, zip code 13431 (latitude 43.2315008, longitude -75.0936086), this property offers a unique opportunity for development. The land is predominantly flat and cleared, simplifying the construction process. Existing infrastructure includes a well and septic system, eliminating significant upfront costs associated with utility hookups. This makes it an excellent site for various residential projects, including the construction of a new home, a modular home, or the placement of a double-wide or single-wide manufactured home. The property's convenient location on Route 28 provides easy access to local amenities and transportation routes. The predominantly flat and cleared nature of the land minimizes site preparation needs, potentially reducing overall development costs and timelines. This is an exceptional opportunity for those seeking a buildable lot in a desirable rural setting. Serious inquiries are encouraged.
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
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.