92 Colonial Dr Horseheads, NY 14845
For Sale
This exceptional 20.1-acre commercial land parcel presents a significant development opportunity in Horseheads, New York. Ideally situated within a regional retail corridor, this level site boasts excellent visibility from Interstate 86, strategically located between exits 51 and 52, with convenient proximity to the exit 51B slip ramp. The property features approximately 400 feet of frontage along Colonial Drive. Zoned for Planned Unit Development (PUD), this site offers considerable flexibility for a variety of commercial projects. Public sewer and water are readily available on-site. The property's tax map ID numbers are 58.04-1-1.1 & 58.04-1-2.111. While a sale of the entire parcel is strongly preferred, the seller will consider alternative options. Please note that the exact acreage will be determined by a survey, and mineral rights are not included in the sale. This is a rare opportunity to acquire a substantial, well-located commercial land parcel with significant development potential. The asking price for this prime property is $870,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
TH08 · Horseheads, NYHorseheads. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.