This exceptional 21.77-acre agricultural property in Clay, New York, presents a remarkable investment opportunity. Located just one mile from the recently approved Micron chip plant – the largest private investment in New York State history – this land boasts significant development potential. The property features over 900 feet of frontage on Route 31, providing excellent visibility and accessibility. Its level and partially wooded terrain offers versatility for various projects, including single-family homes, multi-family housing, apartments, townhomes, or commercial buildings. A zone variance application is available for review. This prime location sits conveniently between highways 481 and 81, offering easy access to major transportation routes. Water is readily available at the roadside. This is an unparalleled chance to capitalize on the substantial economic growth spurred by the Micron project and transform this land into a highly profitable venture. The property's size and location make it an ideal candidate for large-scale development, promising substantial returns for the discerning investor. Don't miss this chance to secure a piece of this rapidly developing area.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
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.