409 Genesee St, Oneida, NY 13421-2613
This exceptional 41.66-acre property in Oneida, NY, presents a remarkable investment opportunity. Located at 409 Genesee Street, this expansive site boasts a strategic location, offering easy access to major transportation arteries including Interstate 90 and Route 5. The property's zoning is predominantly commercial, with approximately 10 acres designated for residential use, providing unparalleled flexibility for a diverse range of development projects. Imagine a thriving medical facility, a vibrant shopping center, a luxurious multi-level housing complex, or even a unique wedding destination complete with charming cottages. The high and dry land is ready for immediate development, although municipal approvals will be required. The serene setting, formerly a golf course, offers a tranquil atmosphere unlike typical commercial properties. This location provides convenient commutes to both Syracuse and Utica, capitalizing on the growth potential of the Central New York region. The substantial size (20,892 square feet of building space) and prime location make this a truly exceptional opportunity for investors seeking a large, ready-to-develop parcel in a high-demand area. Don't miss this chance to secure a premier commercial property with significant upside potential. The property is priced at $1,235,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RP · Oneida, NYOneida. Always verify with local authorities before improvements.
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.