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    FOR SALE
    Investment properties

    5009 State Highway 23, Oneonta, NY 13820

    1,080 SF 0.49 ac lot Built 1990
    Entity Owned Free & Clear
    Property ID
    US63-3019477
    Property summary
    AI-generated overview

    This exceptional 1,080 square foot executive office building, located at 5009 State Highway 23 in Oneonta, New York, presents a unique investment opportunity. Built in 1990, this Class C property sits on a 0.49-acre lot, offering significant potential for development. The asking price is $550,000, translating to $509.26 per square foot. Its strategic location on the highly trafficked State Highway 23 (Route 23), boasting over 13,000 vehicles per day, ensures exceptional visibility and accessibility. Situated in the heart of Oneonta's retail corridor on the desirable south side, this property is conveniently located near a regional mall, making it an ideal location for a variety of businesses. The property's size and location make it particularly well-suited for businesses seeking high visibility and convenient access to a large customer base. The 0.5-acre lot provides ample space for expansion or future development. This is one of the last undeveloped parcels on this prime commercial thoroughfare, representing a rare opportunity to establish a presence in a thriving retail area. The property's zoning and potential uses should be independently verified.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1990
    Total area 1,080 SF
    Lot 0.49 ac (21,344 SF)
    APN 364600 300.11-1-8.00
    UPID US63-3019477
    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
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    Blend (final) Blend
    by Request
    Owner & transaction history
    5009 S Side Rlty LLC
    5009 S Side Rlty LLC
    since 2025
    2 recorded transactions
    2025
    $480,000
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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