8565 Morgan Rd, Clay, NY 13041
For Sale
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This exceptional 8.27-9 acre commercial land parcel in Clay, NY, presents a unique investment opportunity. Strategically located at 8565 Morgan Road, this property boasts 674 feet of frontage and 1227 feet of depth, offering significant development potential. Its prime location is less than three miles from the White Pine Commerce Center, home to Micron Technology's substantial $100 billion chip manufacturing facility, ensuring strong future growth. The property is also conveniently situated less than a mile from the soon-to-be-renovated Great Northern Mall, a $50 million mixed-use lifestyle center. This corner lot provides excellent access from Morgan Road to Route 31, a major traffic corridor connecting Clay, Cicero, Lysander, Van Buren, Liverpool, and Salina. All utilities, including public sewer, are readily available on-site. The property is divisible into parcels of 3 acres or more, catering to various development needs. Ideal uses include retail, medical, or general office spaces, capitalizing on the area's high growth and strategic location within Onondaga County. The adjacent Morgan Square Senior Housing development further enhances the area's appeal and provides a stable neighboring community. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area with exceptional access and infrastructure. The asking price is $1,560,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
04 - FARM · Clay, NYClay. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.