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    OFF-MARKET
    Investment properties

    6798 Wellington Dr, Derby, NY 14047-9318

    4,842 SF 0.33 ac lot Built 1949
    Individually Owned 13-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-0056750
    Property summary
    AI-generated overview

    This exceptional 0.33-acre commercial lot, located at 6798 Wellington Drive in Derby, NY, presents a unique opportunity for developers and businesses alike. The property boasts a generous 6,642 square feet of land, recently graded and cleared following the removal of an existing structure. This leaves the site perfectly prepared for immediate development, saving significant time and expense on site preparation. The lot's zoning is designated as Commercial, allowing for a wide range of potential uses, subject to local regulations. All essential utilities, including water, sewer, electricity, and gas, are conveniently located at the street, simplifying the connection process for any new construction. The property's flat and level topography further enhances its desirability, minimizing site work challenges and potentially reducing overall development costs. Its prime location in Derby, NY offers excellent accessibility and visibility, making it an ideal site for a variety of commercial ventures. The asking price of $61,500 represents exceptional value for a ready-to-build commercial lot in this desirable location. Don't miss this chance to acquire a strategically positioned property with significant development potential. Contact us today to learn more and schedule a site visit.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1949
    Total area 4,842 SF
    Lot 0.33 ac (14,400 SF)
    APN 144489 192.20-8-5
    UPID US63-0056750
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    James K Roberts · 13 yrs held
    James K Roberts
    since 2012
    3 recorded transactions
    2012
    $125,000
    2008
    $122,000
    2006
    $130,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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