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    OFF-MARKET
    Commercial real estate

    671 Ridge Rd, Webster, NY 14580

    1.7 ac lot
    Property ID
    US63-0502720
    Property summary
    AI-generated overview

    This exceptional 1.7-acre commercial land parcel, located at 671 Ridge Road in Webster, New York (zip code 14580), presents a unique investment opportunity. Priced at $900,000, this property boasts a prime location within one of Webster's burgeoning development districts, directly adjacent to the Empire Boulevard commercial business zone. The property is zoned MC 2 and has been approved as part of Webster's PDD (Progressive Development Overlay District), offering increased flexibility for various uses including retail, office, medical, automotive, and mixed-use/residential developments. All utilities are readily available. A significant advantage is the recent diversion of a creek, opening up nearly two acres of usable space. An adjacent lot recently concluded a sale and is poised to begin a major commercial development project in the coming weeks, ensuring high visibility and traffic volume for any business established here. The property includes a vacant barn and house. Owner financing is available with a 5% interest rate on a 5-year payback plan. This represents one of the last substantial commercial land parcels available in this highly desirable area of Webster, offering endless possibilities for commercial development. The APN is 265489-078-200-0001-044-000. Ownership transfers at closing.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.7 ac (74,052 SF)
    APN 265489-078-200-0001-044-000
    UPID US63-0502720
    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
    Current use
    Occupant on record · Public records
    • Ridge & 671 Ridge Bus Stop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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