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    113 Hales Mills Rd Johnstown, NY 12095

    For Sale
    $349,900

    1.7-Acre Mixed-Use Opportunity in Johnstown, NY

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property, located at 113 Hales Mills Rd Unit 113 in Johnstown, New York, presents a unique investment opportunity. Situated on a generous 1.7-acre lot, this property offers significant potential for a variety of commercial ventures. The building's square footage is currently undetermined, requiring further investigation by prospective buyers. The property's mixed-use zoning allows for flexibility in its development and utilization, catering to a range of business models. Its prime location in Johnstown offers convenient access to local amenities, transportation routes, and a thriving community. The asking price for this substantial property is $349,900. This represents a compelling entry point into the Johnstown commercial real estate market, offering substantial upside potential for the right investor. Due diligence is recommended to fully assess the property's potential and to determine the precise square footage and suitability for specific business plans. The expansive lot size provides ample space for expansion, parking, or outdoor activities related to the chosen commercial use. This is a rare opportunity to acquire a significant commercial property in a desirable location at a competitive price. Serious inquiries are encouraged to explore the possibilities this property offers. Further information regarding zoning regulations and permitted uses can be obtained through the relevant local authorities.

    Property Features for 113 Hales Mills Rd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    74,052 SF
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Pharmacy Skin Care Clinic Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Fulton
    State
    New York
    Longitude
    -74.33448
    Latitude
    43.02024

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    FAQs

    What type of property is this?
    Mixed-use property - 1.7-Acre Mixed-Use Opportunity in Johnstown, NY
    Where is this mixed-use property located?
    The property is located at 113 Hales Mills Rd Johnstown, NY.
    What is the asking price?
    The asking price for this property is $349,900.
    (518) 762-9885
    Request Owner's contact information
    113 Hales Mills Rd Johnstown, NY 12095
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    Johnstown, NY 12095
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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
    113 Hales Mills Rd Johnstown, NY 12095
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