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    309 Montgomery St Johnstown, NY 12095

    Sponsored
    For Sale
    $995,000

    Prime Johnstown location, 5-acre lot, $995,000.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, located at 309 W Montgomery St Unit 309 in Johnstown, NY, presents a compelling investment opportunity. Situated on a generous five-acre lot, this property offers significant potential for a variety of uses. The building's square footage is currently undetermined and requires further assessment. The asking price is $995,000, reflecting the property's substantial land size and development potential within the vibrant Johnstown community. The property's mixed-use zoning allows for flexibility in its future development, catering to a range of commercial and potentially residential applications. Given the expansive lot size, there is ample room for expansion, redevelopment, or the addition of complementary structures. This presents a unique chance to acquire a significant piece of real estate in a growing area. Prospective buyers are encouraged to conduct their own due diligence to fully explore the possibilities this property offers. The absence of specified square footage necessitates an on-site inspection to determine the precise dimensions and layout of the existing building. This property is being offered as-is. Serious inquiries only.

    Property Features for 309 Montgomery St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    217,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Visiting Nurses Home ... Home Health Care Service The Family Counseling Center Mental Health Clinic Balanced Health Physical ... Physical Therapist Steven Hulbert Graphics ... Sign Shop Enviro-Smart Roofing Services Roofing Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Fulton
    State
    New York
    Longitude
    -74.37926
    Latitude
    43.00276

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Johnstown location, 5-acre lot, $995,000.
    Where is this mixed-use property located?
    The property is located at 309 Montgomery St Johnstown, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    (518) 762-9885
    Request Owner's contact information
    309 Montgomery 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
    309 Montgomery St Johnstown, NY 12095
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