516 County Route 37 Central Square, NY 13036
This exceptional 39.77-acre parcel presents a unique investment opportunity in Central Square, New York. Boasting over 1,100 feet of pristine waterfront along the north side of the Oneida River, this property offers unparalleled access to navigable waterways within the New York State Barge Canal System. Conveniently located east of Lock 23 and west of Oneida Lake, lake access is readily available without the need for locking. The site's strategic position places it within a short 9-minute drive (5 miles) of the significant Micron Technology $20 billion "mega-fab" microchip production facility, underscoring its potential for substantial growth and development. Infrastructure is readily available, with sewer and municipal water connections accessible at the roadside (County Route 37). This versatile land is zoned for agricultural, commercial, and residential uses, providing flexibility for a wide range of development projects. Furthermore, the possibility exists to acquire an adjacent 15+ acre parcel, adding an extra 650 feet of valuable waterfront frontage, significantly expanding the development potential. This property represents a rare combination of prime location, substantial acreage, and exceptional waterfront access, making it an ideal investment for discerning buyers seeking a high-impact development opportunity in a rapidly growing region. The property's address is 516 County Route 37, Central Square, NY 13036.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.