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Interestate 86 at Exit 24 14.82 Acres of Commercial Land in Allegany Township, 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
Unmatched Visibility | Direct Interstate Access | Versatile Commercial Zoning
?? Strategic Location for High-Impact Development
Unlock the potential of 14.82 acres of prime commercial land located directly off Interstate 86 at Exit 24 (West Five Mile Road) in Allegany, New York. This high-profile site sits on a diamond interchange, ensuring seamless ingress and egress and excellent access to the surrounding region.
?? Intersection of I-86 and Route 417 – Two major transportation corridors
?? 20,000+ vehicles per day – Constant exposure for your business
?? Located within a designated SBA HUBZone – Potential for federal contract advantages
??? Ideal for a Wide Range of Development Uses
With full utilities and commercial zoning already in place, this flexible site is ready for immediate development. Surrounding properties include agricultural, residential, and highway commercial uses, enhancing compatibility and opportunity.
Potential Development Concepts Include:
?? Hospitality & Travel Centers – Capture steady traffic from I-86
?? Corporate or Medical Campuses – Leverage visibility and central access
?? Retail Plaza or Convenience Hub – Serve local and pass-through markets
?? Industrial or Cross-Docking Facility – Perfect for logistics and distribution
??? Mobile Home or Modular Housing Park – Meet regional housing demands
?? Institutional Use – Education, training, or community facilities
?? Key Advantages
High-traffic location along the Southern Tier Expressway
Close to growing residential and institutional areas
Convenient access to regional centers: Binghamton, NY to Erie, PA
SBA HUBZone designation = potential tax incentives & contract preferences
Direct access to utilities; ready for development
?? Watch the Property Video Tour: Youtube Link: https://youtu.be/hlnswdOdSdM
?? Ready to Build Your Vision?
Whether you're planning a flagship retail destination, a logistics hub, or a branded hospitality stop, this site offers the location, visibility, and access to make it happen.
Don’t miss this rare opportunity to secure a commanding presence along I-86 in Allegany, NY.
?? Contact us today to discuss your project or to schedule a site visit.
Youtube Link: https://youtu.be/hlnswdOdSdM
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 14.82 AC |
| Property Type | Land | ||
| Zoning | C - Industrial/Commercial | ||
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 14.82 AC |
| Zoning | C - Industrial/Commercial |
1 LOT AVAILABLE
Lot
| Lot Size | 14.82 AC |
| 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
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Interestate 86 at Exit 24
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