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    OFF-MARKET
    Commercial real estate

    9999 Main St, Clarence, NY 14031-2009

    1,371 SF 0.9 ac lot Built 1940
    Entity Owned 16-yr Hold ~ Est. High Equity
    Property ID
    US63-0996016
    Property summary
    AI-generated overview

    This exceptional 62-acre development site presents a unique investment opportunity in the heart of Crystal Lake, NY. Located at 9999 Main St, this fee-simple property boasts a highly desirable COMMR zoning classification, permitting a diverse range of uses including multi-family residential, retail, and industrial developments. The site's strategic location offers significant advantages, including Main Street frontage and direct access to the Chicago and Northwestern Rail Line. Existing infrastructure includes readily available sewer and water services, ensuring seamless development. The property's high visibility is further enhanced by daily traffic counts exceeding 17,200 vehicles. Its proximity to a Metra station provides convenient commuter access. The expansive lot size allows for flexibility in development plans, with the possibility of dividing the property to suit individual project needs. This prime location, coupled with its versatile zoning and excellent infrastructure, makes this a truly exceptional opportunity for significant returns. The asking price for this remarkable property is $10,000,000. The property is located in Mc Henry County, NY, with a zip code of 60014.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1940
    Total area 1,371 SF
    Lot 0.9 ac (39,204 SF)
    APN 143200 71.00-3-16.2
    UPID US63-0996016
    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
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    Owner & transaction history
    Rock Oak LLC · 16 yrs held
    Rock Oak LLC
    since 2010
    1 recorded transaction
    2010
    $200,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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