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Property profile & analytics
OFF-MARKET
Commercial real estate

234 Sunset Ave Herkimer, NY 13350

0.29 ac lot
Property ID
US63-6144003
Property summary
AI-generated overview

This exceptional commercial redevelopment opportunity encompasses three contiguous parcels totaling 0.29 acres at 234 Sunset Ave, Herkimer, NY. Currently featuring a commercial repair shop and two single-family dwellings, the seller requires the sale of all three parcels together, "as is," for redevelopment purposes. This prime location sits on a major four-corner intersection boasting an impressive 20,000 vehicles passing daily, ensuring high visibility and accessibility for any new venture. The property's strategic positioning offers unparalleled exposure, situated within sight of a Walmart main entrance and adjacent to established fast-food giants such as KFC, Taco Bell, and McDonald's. This high-traffic area presents an ideal setting for a variety of commercial uses, including but not limited to a coffee shop or small retail establishment. The existing structures provide a solid foundation for redevelopment, allowing for creative adaptation or complete demolition to suit a new development plan. The combined acreage and high daily traffic count make this a rare and compelling investment opportunity in a thriving commercial zone. The asking price for this unique redevelopment project is $550,000. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Lot 0.29 ac (12,632 SF)
UPID US63-6144003
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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