5654 Horatio St Utica, NY 13502-1402

Property Details for 5654 Horatio St

Year built

2002

Lot size

2.50 lot acres

Property size

6,000 SF

Zone code

1

Property type

Auto shops

APN

303200 294.017-1-5

APU

30320029401715

Description

This exceptional 50-acre commercial development site presents a unique investment opportunity in Utica, New York. Located at 5654 Horatio Street, at the intersection of Seymour Road, this property boasts unparalleled visibility and convenient access to Interstate 790. Its strategic position between Bank of America and the entrance to SUNY IT, coupled with its proximity to the Marcy Nanocenter, ensures high traffic and strong potential for various commercial ventures. The site is zoned for commercial use and is available for sale or ground lease. A preliminary site plan illustrates the potential for a diverse range of developments, including approximately 7.7 acres suitable for student housing, an 84,600 square foot, six-story hotel with 137 rooms and three conference rooms, two 20,000 square foot retail buildings, two 6,500 square foot restaurants, a 3,220 square foot bank, and a 40,000 square foot, two-story office building with a 4,600 square foot convenience store outparcel on a secondary parcel. This prime location offers exceptional potential for retail development, hospitality, student housing, or office space, making it an ideal investment for developers seeking a high-impact project in a rapidly growing area. The property's size and strategic location offer significant advantages for long-term growth and profitability. Located in Oneida County, NY, zip code 13502.

Location Insight

City

Utica

County

Oneida

State

New York

Longitude

-75.2185

Latitude

43.1347

CBSA code

46540

CBSA name

UTICA-ROME, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments