5428 State Highway 37, Ogdensburg, NY 13669
This exceptional commercial property presents a unique investment opportunity in Ogdensburg, NY. Situated on a sprawling 236.3-acre parcel, this expansive campus boasts over 97,000 square feet of usable space distributed across five buildings. Originally constructed in 1959 for Mater Dei College, the property offers a versatile layout previously configured for administrative offices, classrooms, and student dormitories. The property's strategic location offers unparalleled access to key transportation routes and regional attractions. Its proximity to the Ogdensburg-Prescott International Bridge provides seamless connectivity to Ottawa, Ontario, while its close proximity to the Thousand Islands and Adirondack Park enhances its appeal. The substantial 236.3-acre lot features 1430 feet of frontage along Route 37, extending 5754 feet back to Haggart Road, and is situated just a short distance from 290 acres of state land. While vacant since 2009, this property's size, location, and potential for redevelopment make it an attractive proposition for a wide range of commercial ventures. A drone video showcasing the property's scale and setting is available online. This is a rare chance to acquire a significant commercial holding with substantial development potential in a desirable location.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.