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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    409 Genesee St, Oneida, NY 13421-2613

    13,206 SF 41.66 ac lot Built 1978
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US63-2984362
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1978
    Total area 13,206 SF
    Lot 41.66 ac (1,814,710 SF)
    Zoning code RP
    APN 251201 38.69-1-11
    UPID US63-2984362
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Russell L Blanchard · 3 yrs held
    Russell L Blanchard
    since 2022
    Last sale
    $190,000
    3 recorded transactions
    2022
    2018
    $190,000
    2005
    Zoning & alternative use
    RP · Oneida, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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