5059 Ny-31, Clay, NY 13041
This exceptional 1.07-acre residential lot presents a unique opportunity in Clay, New York. Ideally situated on the high-traffic corner of Route 31 and Caughdenoy Road, this level parcel offers unparalleled convenience and accessibility. Its prime location places it just minutes away from the highly anticipated Micron chip fabrication plant, promising significant future growth and development in the area. The property is zoned RES, allowing for residential construction. Utilities are readily available at the street, simplifying the development process and reducing upfront costs. The expansive lot size provides ample space for a substantial single-family home or a custom-designed residential project. Given its location and zoning, this property represents a compelling investment opportunity for those seeking to build in a rapidly developing and desirable community. The 1.07 acres offer a blank canvas for creating a dream home in a location poised for significant appreciation. This level lot eliminates the need for extensive site preparation, further enhancing its appeal and streamlining the construction timeline. The busy intersection ensures high visibility and easy access to major roadways, making it an attractive location for both residents and businesses. Don't miss this chance to secure a piece of Clay's burgeoning future. The asking price is $1,580,000.
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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.