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    2884 State Rte 30 Speculator, NY 12164

    Sponsored
    For Sale
    $229,000

    Prime 0.22-acre commercial lot, ideal for development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 0.22-acre commercial lot presents a unique investment opportunity in the vibrant town of Speculator, NY. Located at 2884 State Route 30 Unit 2884, this property offers significant potential for a variety of commercial ventures. Its strategic location provides excellent visibility and accessibility, ensuring high traffic exposure. The lot's size is perfectly suited for smaller-scale commercial developments, such as a retail space, office building, or potentially a small-scale hospitality establishment. The absence of existing structures allows for complete design flexibility, enabling the creation of a bespoke development tailored to specific business needs. Speculator offers a thriving community with a strong local economy and a growing tourism sector, providing a solid foundation for a successful commercial enterprise. This property represents a rare chance to acquire a prime commercial lot in a desirable location, offering significant return on investment potential. The property is ready for immediate development, eliminating lengthy delays associated with land acquisition and permitting. Serious inquiries are encouraged to explore this exciting opportunity further. The asking price is $229,000. Don't miss out on this exceptional chance to establish a thriving business in a picturesque and growing community.

    Property Features for 2884 State Rte 30

    General Information

    Property type
    Other commercial real estate
    Lot Size
    9,583 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Speculator
    County
    Hamilton
    State
    New York
    Longitude
    -74.36284
    Latitude
    43.49986

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 0.22-acre commercial lot, ideal for development.
    Where is this commercial real estate located?
    The property is located at 2884 State Rte 30 Speculator, NY.
    What is the asking price?
    The asking price for this property is $229,000.
    (518) 548-8904
    Request Owner's contact information
    2884 State Rte 30 Speculator, NY 12164
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    Speculator, NY 12164
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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
    2884 State Rte 30 Speculator, NY 12164
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