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    511 Perry St Johnstown, NY 12095

    Sponsored
    For Sale
    $3,350,000

    2.1 Acres, $3.35M, Development Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 2.1-acre commercial property, located at 511 N Perry St Unit 511 in Johnstown, New York, presents a significant development opportunity. Priced at $3,350,000, this expansive parcel offers substantial potential for a variety of commercial ventures. The property's generous size allows for ample space to accommodate large-scale projects, providing flexibility for diverse development plans. Its strategic location within Johnstown offers excellent visibility and accessibility, ensuring convenient access for potential customers and employees. The property's zoning regulations should be independently verified to ensure compatibility with intended development plans. This is a rare opportunity to acquire a substantial land holding in a desirable location, ideal for businesses seeking to establish a strong presence in the Johnstown market. Serious inquiries are encouraged to explore the possibilities this unique property offers. Detailed site plans and surveys are available upon request. The property is being sold "as is," and prospective buyers are advised to conduct their own due diligence. This includes, but is not limited to, environmental assessments, title searches, and zoning verification. Don't miss this chance to secure a prime piece of commercial real estate in a growing market. Contact us today to schedule a viewing and begin exploring the potential of this remarkable property.

    Property Features for 511 Perry St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    91,476 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Fulton
    State
    New York
    Longitude
    -74.36488
    Latitude
    43.03019

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    FAQs

    What type of property is this?
    Commercial real estate - 2.1 Acres, $3.35M, Development Opportunity
    Where is this commercial real estate located?
    The property is located at 511 Perry St Johnstown, NY.
    What is the asking price?
    The asking price for this property is $3,350,000.
    (518) 774-0437
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    511 Perry St 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
    511 Perry St Johnstown, NY 12095
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