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    59 Maple St Potsdam, NY 13676

    • Gas stations
    • 5,129 SF
    • 0.51 lot acres
    For Sale
    View listing
    $1,150,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2447626
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Maple Street Services / Insurance Agency

    Property Details for 59 Maple St

    Year built
    1950
    Lot size
    0.51 lot acres
    Property size
    5,129 SF
    Property type
    Gas stations
    APN
    407403 64.066-2-3.1
    APU
    40740364066231

    Description

    This exceptional mixed-use investment opportunity in Potsdam, NY, presents two adjacent parcels totaling 1.51 acres with significant road frontage on Maple Street and Sandstone Drive. The properties boast a combined estimated daily traffic count exceeding 15,000 vehicles, ensuring high visibility for any commercial venture. The strategic location near Clarkson and Potsdam Universities makes this an ideal site for a variety of businesses. Property A, located at 59 & 61 Maple Street, comprises a 5,129 square foot former service station on a 0.51-acre lot (tax parcel 64.066-2-3.1). This parcel offers 132 feet of frontage on Maple Street and 157 feet on Sandstone Drive. Property B, situated at 53 Maple Street, features a 2,400 square foot retail building on a 1.00-acre lot (tax parcel 64.066-2-4), providing 135 feet of Maple Street frontage and 173 feet on Sandstone Drive. The combined tax amount for both parcels is available upon request. The high traffic volume and proximity to universities make this property suitable for retail businesses, restaurants, drug stores, or a small strip mall. This is a rare opportunity to acquire a substantial commercial property in a high-demand area. No value has been assigned to the existing structures. The asking price for this exceptional property is $1,500,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $255,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $325,000
      Market price range: $325k - $630k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Potsdam
    County
    St. Lawrence
    State
    New York
    Longitude
    -74.9932
    Latitude
    44.6676
    CBSA code
    36300
    CBSA name
    OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $44,900
    $87,100
    $132,000
    -
    $60,676
    $117,702
    $178,378

    Comparable in this City

    • Value Estimation
      $80,000
      1,024 SF

      6759 Us Hwy 11

      SERVICE STATION WITH FOOD MART • 1,024 SF
      6759 Us Hwy 11, Potsdam, NY 13676-3132
      View Details
    • Value Estimation
      $315,000
      3,975 SF

      124 Market St

      SERVICE STATION WITH FOOD MART • 3,975 SF
      124 Market St, Potsdam, NY 13676-1222
      View Details
    • Value Estimation
      $260,000
      4,986 SF

      154 Elm St

      SERVICE STATION WITH FOOD MART • 4,986 SF
      154 Elm St, Potsdam, NY 13676
      View Details
    • Value Estimation
      $310,000
      5,880 SF

      119 Maple St

      SERVICE STATION WITH FOOD MART • 5,880 SF
      119 Maple St, Potsdam, NY 13676-1003
      View Details
    • Value Estimation
      $305,000
      3,975 SF

      30 Maple St

      SERVICE STATION WITH FOOD MART • 3,975 SF
      30 Maple St, Potsdam, NY 13676-1124
      View Details
    • Value Estimation
      $240,000
      880 SF

      5376 State Hwy 56

      GAS STATION • 880 SF
      5376 State Hwy 56, Potsdam, NY 13676-3007
      View Details

    Similar Nearby for Sale

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      Freestanding, renovated retail facility on a 1-acre lot.
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    • $299,000
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      Potsdam Super Market with Equipment

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    Similar Nearby for Lease

    • $12 SF/Yr
      7,700 SF

      Retail Space on Market Street

      Retail space available on busy Market Street near Price Chopper.
      185 Market St, Potsdam, NY 13676
      View Details
    • $12 SF/Yr
      7,700 SF

      Prime Route 56 Retail Opportunity

      Restaurant/Medical Space, High Traffic Location
      185 Market St, Potsdam, NY 13676
      View Details
    • $15 SF/Yr

      Market Street Retail/Office Opportunity

      Retail or office space available in Potsdam's Central Business District.
      63 Market St, Potsdam, NY 13676
      View Details
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    59 Maple St
    Potsdam, NY 13676
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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