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Investment Highlights

  • Previously approved site for multi-family housing with utilities in place.
  • Located across from Lockheed Martin and near NYS Route 86 for easy access.
  • Close to historic Owego and regional amenities.
  • Zoned residential with potential for subdivision into two parcels.
  • Owner willing to provide design/build-to-suit services.

Executive Summary

This 3.70-acre development property on Barnes Creek Road in Owego, NY offers a unique opportunity for residential development in a growing community. Zoned for residential use, the site was previously approved for multi-family housing and has utilities in place, streamlining the development process. The property can be subdivided into two parcels—1.47 acres to the south and 2.23 acres to the north—providing flexibility for phased development or separate sales.
Located across from Lockheed Martin and near NYS Route 86, the site benefits from excellent regional connectivity and proximity to the historic Owego district. The surrounding area offers a mix of residential neighborhoods, commercial services, and employment centers, making it an attractive location for future housing. The current owner is open to design/build-to-suit options, creating additional value for developers or investors seeking a tailored solution.
With a competitive asking price of $150,000 for the land, this property represents a cost-effective entry point for residential development in Tioga County.

Property Facts

Price $206,058 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 4.16 AC
Zoning RC - Commercial

1 Lot Available

Lot

Price $206,058 CAD
Price Per AC $49,533.17 CAD
Lot Size 4.16 AC

Description

The property consists of 3.70 acres of land on Barnes Creek Road in Owego, NY. It is zoned residential and located near NYS Route 86, providing regional connectivity. The site is across from Lockheed Martin and within proximity to the Owego business district. Utilities are available on-site, and the property can be subdivided into two parcels.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
493089-118-000-0002-030-001-0000
Land Assessment
$13,319 CAD
Improvements Assessment
$0 CAD
Total Assessment
$13,319 CAD
  • Listing ID: 39832818

  • Date on Market: 2026-03-19

  • Last Updated:

  • Address: 0 Barnes Creek Rd, Owego, NY 13827

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