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    OFF-MARKET
    Specialty properties

    5252 State Rte 31, Clay, NY 13041-9504

    10,603 SF 20 ac lot Built 2001
    Entity Owned Free & Clear
    Property ID
    US63-3604772
    Property summary
    AI-generated overview

    This exceptional 20-acre commercial property in Clay, New York, presents a unique investment opportunity. Located directly across from the future Micron Technologies site, this property boasts unparalleled visibility and accessibility. The existing 10,603 square foot building, previously a veterinary clinic and kennel, offers significant potential for redevelopment or repurposing. Its versatile layout and ample space provide a solid foundation for a variety of commercial uses. Two paved entrances, conveniently situated off State Route 31 and Stearns Road, ensure easy access and high traffic visibility. The property's strategic location within a rapidly growing area, coupled with its proximity to Micron Technologies, promises substantial long-term growth and return on investment. This is a rare chance to acquire a significant commercial holding in a prime location poised for substantial future development driven by the influx of jobs and residents associated with the Micron expansion. The expansive acreage offers flexibility for future expansion or development, making this an ideal investment for both short-term and long-term gains. The existing building's previous use as a veterinary clinic and kennel suggests adaptability to various commercial ventures. This property is ready for a new chapter, offering a unique blend of existing infrastructure and significant growth potential.

    Property profile
    Verified
    Property type Specialty properties
    Use group VETERINARY, ANIMAL HOSPITAL
    Year built 2001
    Total area 10,603 SF
    Lot 20 ac (871,200 SF)
    APN 312489 064.-01-12.3
    UPID US63-3604772
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    ROUTE 31 HOLDING CO LLC
    ROUTE 31 HOLDING CO LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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