5284 State Route 31, Clay, NY 13041
Exceptional development opportunity awaits with this 2.26-acre commercial land parcel located at 5284 State Route 31 in Clay, New York, Onondaga County (zip code 13041). This strategically positioned property sits directly across from the new Micron plant, offering unparalleled visibility and access to a rapidly expanding workforce. The corner lot, situated at the intersection of Route 31 and Stearns Road, benefits from high daily traffic volume, ensuring significant exposure for any future development. Its proximity to Route 81 (less than two miles) further enhances its accessibility and logistical advantages. This location is ideal for businesses seeking to capitalize on the substantial growth spurred by the Micron facility and the influx of new residents and commuters. The asking price for this remarkable property is $2,250,000. This presents a unique chance to invest in a thriving area poised for continued expansion, making it an exceptional opportunity for developers and investors alike. Don't miss this chance to secure a prime piece of real estate in a booming market.
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
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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.