6162 State Highway 12Norwich, NY 13815

  • Commercial real estate
  • 189 SF
For Sale
$150,000 View listing

Property Details for 6162 State Highway 12

Year built
1968
Lot size
0.61 AC
Property size (Sq ft)
189 SF
Property type
Commercial real estate
APN
084200 123.-1-39
APU
84200123139

Description

This exceptional 1.01-acre commercial lot presents a remarkable investment opportunity in the heart of Norwich, NY. Situated at the bustling intersection of State Highway 12 and County Road 320, this property enjoys unparalleled visibility and accessibility, boasting an estimated 15,000 vehicles passing daily. Its strategic location within the North Plaza makes it an ideal site for a variety of commercial ventures. The property's significant advantage lies in its readily available utilities, including water, sewer, electrical, and gas hookups, simplifying the development process and minimizing upfront costs. This eliminates the need for extensive infrastructure investment, allowing businesses to focus on operations and growth. The high traffic count guarantees significant exposure to potential customers, making this lot particularly suitable for businesses that thrive on high visibility, such as convenience stores, fast-food restaurants, or retail outlets. The property's location at the gateway to Chenango County further enhances its appeal, offering access to a substantial customer base. This is a rare opportunity to acquire a prime commercial lot in a thriving location with excellent infrastructure and high traffic volume. Don't miss this chance to establish your business in a highly visible and accessible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $53,740
    Hospitality
    $49,226
    Educational
    $40,955
    Medical
    $42,364
    Retail
    $63,708

Location Insight

City
Norwich
County
Chenango
State
New York
Latitude
42.5525
Longitude
-75.5251

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$15,000
-
$15,000
-
$41,667
-
$41,667

FAQs

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