Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7Th St Fulton, NY 13069

    • Specialty properties
    • 3.87 lot acres
    For Sale
    View listing
    $100,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 7Th St

    Lot size
    3.87 lot acres
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 3.87-acre commercial lot, located at 0 S 7th St (Lot 4) in Fulton, New York, presents a remarkable development opportunity. Situated on the site of a former Nestle factory, this property enjoys a highly visible location directly off State Route 481, a major thoroughfare connecting Syracuse and Oswego, ensuring high traffic volume and excellent visibility. The asking price is $100,000. The City of Fulton offers flexibility regarding lot dimensions and overall development concepts, making this site suitable for a diverse range of projects. Potential uses include professional or medical office space, retail establishments, restaurants, and residential housing. This property is also available in combination with other adjacent lots (MLS# S1423073 & S1424656) and is listed separately as MLS# S1424659. The property is zoned for commercial use and offers significant potential for investors seeking a strategic location with high growth prospects in a dynamic area. This is a rare opportunity to acquire a substantial parcel of land in a prime location with significant development potential. The property's size and location make it an ideal investment for developers seeking to capitalize on the growing demand for commercial and potentially residential space in the Fulton area. The flexible zoning and city cooperation create a streamlined path to development.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fulton
    County
    Oswego
    State
    New York
    Longitude
    -76.4077
    Latitude
    43.3265

    Comparable in this City

    • Value Estimation by Request
      12.41 Acres

      4Th St

      Land • 12.41 Acres
      0 4Th St, Fulton, NY 13069
      View Details
    • Value Estimation by Request

      Fay Lot 3 St

      Land
      0 Fay Lot 3 St, Fulton, NY 13069
      View Details
    • Value Estimation by Request
      3.00 Acres

      7Th St

      Land • 3.00 Acres
      0 7Th St, Fulton, NY 13069
      View Details
    • Value Estimation by Request
      2.13 Acres

      Fay St

      Specialty properties • 2.13 Acres
      0 Fay St, Fulton, NY 13069
      View Details
    • Value Estimation by Request

      4Th St

      Specialty properties
      0 4Th St, Fulton, NY 13069
      View Details
    • Value Estimation by Request
      0.01 Acres

      Fulton, NY 13069

      SBE - SPECIAL ASSESSMENTS • 0.01 Acres
      Fulton, NY 13069
      View Details

    Similar Nearby for Sale

    • $550,000
      12.41 Acres

      Fulton, NY Development Land

      12.41 Acres, Mixed-Use Potential
      0 4Th St, Fulton, NY 13069
      View Details
    • $340,000
      4,736 SF

      Fulton, NY Commercial Property

      Turnkey Restaurant/Tavern, $340,000
      583 1St St, Fulton, NY 13069
      View Details
    • $100,000
      3.87 Acres

      Fulton, NY Development Land

      Prime 3.87-acre commercial lot.
      0 7Th St, Fulton, NY 13069
      View Details
    • $130,000

      Fulton, NY Commercial Land Opportunity

      Prime Mixed-Use Development Land, $130,000
      0 Fay Lot 3 St, Fulton, NY 13069
      View Details
    • $150,000
      3.00 Acres

      Fulton, NY Commercial Land - $150K

      Prime Development Land near Route 481
      0 7Th St, Fulton, NY 13069
      View Details
    • $399,900

      Prime Palermo Auto Body Shop

      Turnkey Auto Repair Business - High Visibility
      1525 State Route 264, Phoenix, NY 13069
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      450 SF

      Prime Oswego Commercial Space

      Versatile 450 sq ft, Single Tenant
      1001 1St St, Fulton, NY 13069
      View Details
    • Contact for pricing
      86,400 SF

      Fulton Warehouse with High Ceilings

      86,400 SF warehouse space featuring 26' clear ceiling height.
      1850 County Route 57, Fulton, NY 13069
      View Details
    • $2,500 /Mo

      Office Space for Rent

      Office space available for lease in Fulton, NY.
      117 A Schuyler St, Fulton, NY 13069
      View Details
    • $599,000

      Fulton Commercial Building For Rent

      18,000 sq ft commercial building with flexible layouts.
      803-807 S 4Th St, Fulton, NY 13069
      View Details
    • $1,700 /Mo

      Fulton Office Space For Rent

      Office space available for lease in Fulton, New York.
      117 B Schuyler St, Fulton, NY 13069
      View Details
    • $3 SF/Yr
      106,692 SF

      6 Morrill Place

      Manufacturing properties • 106,692 SF
      6 Morrill Pl, Fulton, NY 13069
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7Th St
    Fulton, NY 13069
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.