17 Lot#Wp001Horseheads, NY 14845

For Sale
$59,900

29.5 Acres, High Traffic Area, Investment Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 29.5-acre parcel in Horseheads, NY, presents a unique investment opportunity. Located adjacent to the heavily trafficked Southern Tier Expressway (Rt 86), it boasts over 2,000 feet of road frontage, ensuring high visibility. The land itself is a diverse mix of flat lowlands, marsh areas, and a wooded hillside, bisected by a powerline running along Rt 86. Two existing logging roads improve accessibility within the property, which was recently logged, offering potential future timber harvest income. Adding to the revenue potential is a currently installed billboard generating a small income stream. While the property offers a multitude of potential commercial uses, it's important to note that access is limited and not possible via Latta Brook Rd. Direct access is only possible from Rt 86. Prospective buyers should be aware that crossing the bridge to access the property is prohibited as it's private property without right-of-way or easement. This rarely available parcel offers significant potential for long-term investment and development in a high-traffic location. The asking price is $59,900, translating to approximately $2,031 per acre. Chemung County location, zip code 14845.

Highlights

  • High-demand land parcel directly abutting State Route 86.
  • Excellent investment opportunity.
  • Approx. 2,500 feet of high-visibility frontage on Rt 86.
  • Varied topography including wetlands, woodland, and upland areas.
  • Existing billboard lease generates supplemental income.

Property Details for 17 Lot#Wp001

Property type
Other land, Land
Lot Size (sq. ft)
1,285,020 SF

Location Insight

City
Horseheads
County
Chemung
State
New York
Latitude
42.156616
Longitude
-76.8788124
17 Lot#Wp001, Horseheads, New York

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17 Lot#Wp001
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