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    Property profile & analytics
    FOR SALE
    Commercial land

    1423 Empire Blvd, Webster, NY 14609

    9.94 ac lot
    Individually Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US63-1095004
    Property summary
    AI-generated overview

    This exceptional 9.94-acre commercial land parcel at 1423 Empire Boulevard in Webster, New York, presents a unique investment opportunity. Boasting fantastic views of the bay and the scenic Empire Boulevard, this property enjoys a prime location with convenient access to Route 590, shopping centers, and a full range of amenities. Currently zoned for commercial use in the front and residential in the rear, the property offers considerable flexibility for diverse development projects, particularly multi-residential developments. Existing utilities, including water, are already on-site, simplifying the development process. An initial draft with a topographic survey and instrument survey is available for review. The seller is offering a flexible financing option, including the possibility of holding a mortgage, and will also consider a 1031 exchange. This is a rare opportunity to acquire a sizable parcel of land in a desirable location with significant development potential. The property's strategic location and versatile zoning make it an attractive investment for both experienced developers and those seeking a promising land acquisition. Don't miss this chance to secure this exceptional Webster, NY property.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 9.94 ac (432,986 SF)
    Zoning code LLD
    APN 264200 108.06-1-9.1
    UPID US63-1095004
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Vardar,mesut · 13 yrs held
    Vardar,mesut
    since 2012
    1 recorded transaction
    2012
    $250,000
    Zoning & alternative use
    LLD · Webster, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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