91 Mitchell St Oswego, NY 13126
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IN · Oswego, NYCosts & 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.