For Sale
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Property summary
This exceptional 1.01-acre commercial lot presents a remarkable investment opportunity in the heart of Norwich, NY. Situated at the bustling intersection of State Highway 12 and County Road 320, this property enjoys unparalleled visibility and accessibility, boasting an estimated 15,000 vehicles passing daily. Its strategic location within the North Plaza makes it an ideal site for a variety of commercial ventures. The property's significant advantage lies in its readily available utilities, including water, sewer, electrical, and gas hookups, simplifying the development process and minimizing upfront costs. This eliminates the need for extensive infrastructure investment, allowing businesses to focus on operations and growth. The high traffic count guarantees significant exposure to potential customers, making this lot particularly suitable for businesses that thrive on high visibility, such as convenience stores, fast-food restaurants, or retail outlets. The property's location at the gateway to Chenango County further enhances its appeal, offering access to a substantial customer base. This is a rare opportunity to acquire a prime commercial lot in a thriving location with excellent infrastructure and high traffic volume. Don't miss this chance to establish your business in a highly visible and accessible location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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