This exceptional 5.2-acre commercial land parcel presents a unique investment opportunity in Malone, New York. Strategically located on State Highway 11, between Pizza Hut and KFC, this property boasts unparalleled visibility and accessibility. The lot features 150 feet of road frontage, enhanced by an additional 30-foot right-of-way on each side, ensuring ample space for convenient access and development. Significant hard fill has already been incorporated, resulting in a substantial, level driveway area, simplifying construction plans. This high-traffic location benefits from an average daily traffic count of 16,582 vehicles (NYSDOT AADT 2019 data), guaranteeing maximum exposure for any commercial venture. The property is zoned for commercial use (APN: 112-1-3.200) and is situated just outside the village limits of Malone, offering a blend of accessibility and a less congested environment. Its proximity to Cornwall, Ontario (approximately 45 minutes away) further enhances its regional appeal. Priced at $450,000, this is an exceptional opportunity to establish a thriving business in a prime location.
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
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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.