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Property profile & analytics
OFF-MARKET
Land

4647 Ny-31 Clay, NY 13041

21.77 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 21.77 ac (948,301 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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