858 Ny-434Owego, NY 13827

Property Details for 858 Ny-434

Lot size

74.96 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 74.96-acre development site in Owego, New York, presents a unique investment opportunity. Strategically located on State Route 434, directly fronting Route 17 (the future Interstate 86), this property boasts unparalleled visibility and accessibility. Less than two-tenths of a mile from a highway interchange, it enjoys significant exposure to high traffic volumes. The site's prime location is further enhanced by its proximity to the Lockheed Martin facility (Presidential Marine One Helicopter Facility) across the river and the Tioga County Mixed Use Development Project (Phase Two currently under construction, adding 93 additional residential units). Phase One of this project, the Owego Gardens Multi-Family Complex (62 units), has consistently maintained full occupancy. The property offers on/off highway access in both directions, providing convenient access for businesses and residents. Zoned Highway Business Interchange, this land is suitable for a wide range of commercial uses, including retail, office, industrial, warehouse, or other commercial developments. The seller is open to exploring all options, including sale, lease, or build-to-suit arrangements. This property is situated within an economic development zone, offering potential for additional incentives. Note that an additional 8 acres with commercial frontage on State Route 434, also zoned Highway Business Interchange, are available for separate purchase.

Location Insight

City

Owego

County

Tioga

State

New York

Latitude

42.0988

Longitude

-76.2439

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