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    183 5Th Ave Gloversville, NY 12078

    Sponsored
    For Sale
    $79,900

    Prime Gloversville location, 0.14-acre lot. High return potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, located at 183 5th Ave Unit 183 in Gloversville, NY, presents a compelling investment opportunity. Situated on a sizable 0.14-acre lot, this property offers significant potential for a variety of uses, making it ideal for both seasoned investors and those new to the commercial real estate market. The property's address is highly visible and accessible, ensuring excellent exposure for any business operating within its walls. While the exact square footage is currently unavailable, the substantial lot size suggests ample space for development or expansion. The asking price of $79,900 represents a highly competitive entry point into the Gloversville commercial real estate market, offering a strong potential for capital appreciation and rental income. The mixed-use zoning allows for flexibility in terms of permitted business types, providing a wide range of possibilities for future tenants or owners. This property is ready for immediate occupancy and presents a rare chance to acquire a well-positioned asset in a growing market. Serious inquiries are encouraged to explore the full potential of this unique investment opportunity. Further details regarding the property's interior and zoning specifications are available upon request. Don't miss this chance to secure a valuable piece of Gloversville real estate.

    Property Features for 183 5Th Ave

    General Information

    Property type
    Mixed-use properties
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gloversville
    County
    Fulton
    State
    New York
    Longitude
    -74.326
    Latitude
    43.05939

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Gloversville location, 0.14-acre lot. High return potential.
    Where is this mixed-use property located?
    The property is located at 183 5Th Ave Gloversville, NY.
    What is the asking price?
    The asking price for this property is $79,900.
    (518) 762-9885
    Request Owner's contact information
    183 5Th Ave Gloversville, NY 12078
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    Gloversville, NY 12078
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    Realmo Value Estimation

    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.

    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.

    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
    183 5Th Ave Gloversville, NY 12078
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