2.06 Acre Walmart Outparcel

Land Description

RI Marketplace Online Auction March 10-12, 2025

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Marcus & Millichap is pleased to present a ±2.06-Acre land parcel directly adjacent to Walmart at 1134 Wicker Street, (the "Property") in Ticonderoga, New York. This Walmart outparcel offers investors a well-situated development opportunity and First BID Meets Reserve.

The Property consists of a ±2.06-Acre Walmart outparcel with direct frontage on Wicker Street with traffic counts of 8,199 vehicles per day and is positioned near the signalized intersection of Ny-74 with additional traffic counts of 2,441 vehicles per day. Co-tenants include Walmart, Super 8 by Wyndham and McDonald's with other nationally recognized tenants surrounding the Property including Dollar Tree, Walgreens, Dunkin, Tractor Supply Co, Aaron's, Advance Auto Parts, Arrow Bank, and Trail North Credit Union, further driving consumers to the area. Zoned Tsb, Service Business District, this commercial development site offers favorable flexible zoning that allows for a variety of uses including bank, motel, restaurant, retail, and mini storage facility (special use). The Property offers potential investors the ability to acquire raw land with significant value-add through development and long-term lease up.

Ticonderoga, New York, is a town in Essex County, located in the Adirondack region of upstate New York. Positioned between Lake George and Lake Champlain, it offers a unique combination of tourism appeal, natural beauty, and strategic location along key transportation routes. Ticonderoga serves as a commercial hub for the surrounding communities, with grocery, retail, dining, and local businesses supporting both residents and seasonal visitors. Ticonderoga sits near the New York-Vermont border, providing access to both states. It is approximately 90 miles north of Albany, NY, and 60 miles south of Burlington, VT. The area is served by NY Route 9N, NY Route 22, and ferry access across Lake Champlain to Vermont. The Property offers a strategic location on the area's primary thoroughfare within a strong retail trade area. The Property serves an expanded 10-mile trade area with 11,662 individuals with an average household income of $83,054. The population has experienced 9.7% growth from 2020-2024 with 1.2% growth expected to continue through 2029.

Ralph Passono, Jr.

c/o Fisher Auction Company Inc.

License: 1

Ny Broker No.:10311203946