3165 6th Ave Troy, NY 12180-1205
This exceptional 0.11-acre commercial lot, located at 3165 6th Ave Unit 3165 in Troy, New York, presents a unique investment opportunity. Situated in a dynamic and developing area of Troy, this property offers significant potential for a variety of commercial ventures. The expansive 0.11-acre parcel provides ample space for construction or redevelopment, catering to diverse business needs. Its strategic location within Troy ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in a thriving community. The asking price of $199,900 represents a compelling value proposition for investors seeking a foothold in the robust Troy commercial real estate market. This property is zoned for commercial use (specific zoning details should be independently verified). The absence of existing structures allows for complete design flexibility, enabling the creation of a bespoke commercial space tailored to specific business requirements. Prospective buyers are encouraged to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use. This is a rare opportunity to acquire a prime commercial lot in a desirable location, offering significant potential for future growth and profitability. Don't miss this chance to secure a valuable asset in the heart of Troy's commercial landscape. Further information regarding utilities and potential development restrictions can be obtained through the appropriate city channels.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R4 · Troy, NYTroy. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.