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Interestate 86 at Exit 24

14.82 Acres of Commercial Land Offered at £1,958,250 in Allegany, NY 14706

Investment Highlights

  • 14.82 acres located on Interstate 86 at West 5 Mile road - Exit 24 on I-86. This billboard location is strategically located on a diamond interchange
  • Part of the major Southern Tier Expressway corridor, linking business hubs between Binghamton, NY and Erie, PA
  • Premier 14.82 acre commercial development site offers exceptional visibility
  • Located right at Exit 24 on I-86, a major east-west interstate connecting New York to Pennsylvania
  • Located right at Exit 24 on I-86, a major east-west interstate connecting New York to Pennsylvania
  • Institutional Use - Great location for educational, medical or community facilities

Executive Summary

Prime Development Opportunity: 14.82 Acres at I-86 Exit 24 & Route 417, Allegany NY
This premier 14.82 acre commercial development site for lease offers exceptional visibility and access at the intersection of Interstate 86 and Route 417 in Allegany, NY. With close to 20,000 vehicles passing this site daily, this property presents a prime opportunity for a variety of commercial uses.
Strategic Location:
Located right at Exit 24 on I-86, a major east-west interstate connecting New York to Pennsylvania
High-traffic intersection with Route 417, providing connectivity to local communities
Within a growing region, situated near expanding residential, industrial and institutional centers
Part of the major Southern Tier Expressway corridor, linking business hubs between Binghamton, NY and Erie, PA
Versatile Development Options:
This sizable 14.82 acre lot provides flexibility for a range of for lease development opportunities, including:
Hotel - Captive market from I-86 travelers and visitors to local colleges/attractions
Office Campus - Take advantage of highway access and visibility
Retail Center - Ideal for stores, restaurants and services to serve highway traffic and local area
Industrial Park - Tap into regional distribution networks and transportation infrastructure
Institutional Use - Great location for educational, medical or community facilities
Zoning permits commercial uses. All utilities available. Surrounding properties include a mix of agricultural, residential and highway commercial uses.
Don't miss this opportunity to acquire a prime commercial site in a high-visibility location at I-86 Exit 24 and Route 417 in Allegany, NY. Perfectly positioned for your next development project!
Youtube Link: https://youtu.be/hlnswdOdSdM

Property Facts

Price £1,958,250
Sale Type Investment
Sale Conditions
Sale & Leaseback
  • Ground Lease Sold
  • Ground Lease (Leased Fee)
  • Design & Build
  • Tenants option to buy property
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Auto Dealership
  • Bank
  • Carwash
  • Casino
  • Community Centre
  • Convenience Store
  • Correctional Facility
  • Daycare Centre
  • Distribution
  • Fast Food
  • Food Processing
  • General Freestanding
  • Healthcare
  • Hospital
  • Hotel
  • Industrial Park
  • Manufactured Homes or Mobile Home Park
  • Medical
  • Motel
  • Neighborhood Centre
  • Office Park
  • Police or Fire Station
  • Post Office
  • Research and Development
  • Refrigeration or Cold Storage
  • Rehabilitation Centre
  • Service Station
  • Storefront, Retail or Residential
  • Strip Centre
  • Supermarket
  • Truck Stop
  • Warehouse
  • Water Treatment Facility
Total Lot Size 14.82 AC

1 Lot Available

Lot

Price £1,958,250
Price Per AC £132,136
Lot Size 14.82 AC

Prime Development Opportunity: 14.82 Acres at I-86 Exit 24 & Route 417, Allegany NY This premier 14.82-acre commercial development offers exceptional visibility and access. The property is also located in SBA HUB ZONE. https://youtu.be/hlnswdOdSdM

Description

14.81 acres located on Interstate 86 at West 5 Mile road - Exit 24 on I-86. This billboard location is strategically located on a diamond interchange that affords easy ingress and easy egress to Interstate 86.The property is also located in SBA HUB ZONE. This is a prime location on I-86 for hospitality, travel centers, cross-docking facilities, medical facilities, mobile park homes, or a manufacturing facility. https://youtu.be/hlnswdOdSdM Prime Development Opportunity: 14.82 Acres at I-86 Exit 24 & Route 417, Allegany NY This premier 14.82-acre commercial development site offers exceptional visibility and access at the intersection of Interstate 86 and Route 417 in Allegany, NY. With close to 20,000 vehicles passing this site daily, this property presents a prime opportunity for a variety of commercial uses. Strategic Location: Located right at Exit 24 on I-86, a major east-west interstate connecting New York to Pennsylvania High-traffic intersection with Route 417, providing connectivity to local communities Within a growing region, situated near expanding residential, industrial and institutional centers Part of the major Southern Tier Expressway corridor, linking business hubs between Binghamton, NY and Erie, PA Versatile Development Options: This sizable 14.82-acre lot provides flexibility for a range of potential development opportunities, including: Hotel - Captive market from I-86 travelers and visitors to local colleges/attractions Office Campus - Take advantage of highway access and visibility Retail Center - Ideal for stores, restaurants, and services to serve highway traffic and the local area Industrial Park - Tap into regional distribution networks and transportation infrastructure Institutional Use - Great location for educational, medical, or community facilities Zoning permits commercial uses. All utilities are available. Surrounding properties include a mix of agricultural, residential, and highway commercial uses. Don't miss this opportunity to acquire a prime commercial site in a high-visibility location at I-86 Exit 24 and Route 417 in Allegany, NY. Perfectly positioned for your next development project! https://youtu.be/hlnswdOdSdM

zoning

Zoning Code C (Industrial/Commercial)
C (Industrial/Commercial)
  • Listing ID: 13699927

  • Date on Market: 05/09/2018

  • Last Updated:

  • Address: Interestate 86 at Exit 24, Allegany, NY 14706

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