Property profile

8691 State Route 177 Copenhagen, NY 13626

OFF-MARKET
Commercial real estate
Property ID
US63-4402393
1.4 ac lot
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Property summary

AI-generated overview

This exceptional 1.4-acre commercial lot presents a unique investment opportunity in the thriving Barnes Corners area of Copenhagen, New York. Situated directly on State Route 177, this high-visibility location offers unparalleled access and exposure within the popular Tug Hill recreational region. The property boasts a pre-existing 200-foot drilled well, complete with comprehensive test data. Detailed engineering plans for a 35-seat restaurant or diner are included, along with engineered septic system plans, providing a significant head start for prospective developers. Beyond restaurant use, the expansive lot is well-suited for a variety of commercial ventures, including storage facilities, camps, or other businesses requiring ample space for parking trucks and trailers. The property's potential is further enhanced by the availability of a completed survey and traffic count data, providing valuable insights for informed decision-making. This turnkey opportunity combines prime location, existing infrastructure, and versatile development potential, making it an ideal investment for discerning buyers seeking a high-return venture in a desirable location. The property is also listed under Lots, land, farms & seasonal camps.

Property profile

Verified
Property type Commercial real estate
Lot 1.4 ac (60,984 SF)
UPID US63-4402393

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8691 State Route 177 Copenhagen, NY 13626
Copenhagen metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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