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    Property profile & analytics
    OFF-MARKET Estimated value $640,000
    Turn key restaurants

    748 State Hwy 28, Oneonta, NY 13820-3556

    9,520 SF 1.08 ac lot Built 1970
    Entity Owned 30-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-2080635
    Property summary
    AI-generated overview

    This exceptional 1.08-acre commercial property, located at 748 State Highway 28 in Oneonta, New York, presents a unique investment opportunity. Zoned for commercial use, this single-tenant site boasts a highly visible location with a convenient curb cut, ideal for a variety of retail businesses or restaurants. The property's versatile zoning allows for flexibility in development plans. The land itself is a significant asset, offering ample space for building construction or expansion. With a total building square footage of 1 square foot and an equal amount of vacant square footage, this property is ready for immediate development. The property's location in Otsego County, New York, provides access to a thriving local market and strong community presence. The 13820 zip code offers convenient access to major transportation routes, ensuring high visibility and accessibility for potential businesses. This is a rare opportunity to acquire a prime commercial parcel in a desirable location, perfect for entrepreneurs seeking to establish a new business or expand an existing one. The property's single-tenant status offers simplicity and control, making it an attractive option for investors seeking a straightforward investment. The combination of prime location, ample land, and flexible zoning makes this property a truly exceptional opportunity. Don't miss out on this chance to secure a valuable asset in a growing market.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1970
    Total area 9,520 SF
    Lot 1.08 ac (47,045 SF)
    APN 364600 300.14-1-3.00
    UPID US63-2080635
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $640k
    Owner & transaction history
    MARTIN P PATTON & BRENDA A PATTON &
    MARTIN P PATTON & BRENDA A PATTON &
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $930,000 +6.4%
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