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.