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Property profile & analytics
OFF-MARKET Estimated value $2,045,000
Manufacturing properties

91 Mitchell St Oswego, NY 13126

179,672 SF 24 ac lot Built 1929
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US63-5085739
Property summary
AI-generated overview

This exceptional 24-acre industrial property in Oswego, NY, presents a unique investment opportunity. Located in an Opportunity Zone, the site boasts over 1,000 feet of stunning Lake Ontario frontage. The property includes an existing structure exceeding 179,672 square feet, currently configured as a mix of manufacturing, warehouse, and office space. This building requires substantial rehabilitation or demolition, offering flexibility for redevelopment. Approximately 12 acres of the site are open and level, ready for immediate development. The property's strategic location provides convenient access to essential utilities, including public sewers, public water, and natural gas. A former CSX rail spur, though currently disconnected, runs along the southeast corner of the property, hinting at potential logistical advantages. Oswego's welcoming community actively encourages development along the lakefront, making this a compelling prospect for investors seeking a large-scale project with significant waterfront exposure. The property's size and location offer substantial potential for a variety of commercial uses, from industrial and manufacturing to logistics and warehousing. The existing building, while requiring significant work, could be repurposed or removed to create a completely new development. The combination of waterfront access, ample acreage, and utility availability makes this a rare and attractive opportunity in a vibrant community. The Opportunity Zone designation adds further incentive for investors seeking tax advantages.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1929
Total area 179,672 SF
Lot 24 ac (1,045,440 SF)
Zoning code IN
APN 351200 110.81-01-03.02
UPID US63-5085739
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
$2.05M
Owner & transaction history
Pcl Properties LLC · 10 yrs held
Pcl Properties LLC
since 2016
3 recorded transactions
2018
Price N/A
2016
Price N/A
1969
Price N/A
Zoning & alternative use
IN · Oswego, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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