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    State Route 8 Chestertown, NY 12817

    Sponsored
    For Sale
    $2,400,000

    Prime commercial acreage, stunning views, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 30.13-acre property, located at State Route 8 Unit L4 in Chestertown, New York, presents a unique opportunity for commercial development. The expansive land offers significant potential for a variety of uses, subject to local zoning regulations. Its strategic location along State Route 8 ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in the area. The property's substantial size allows for ample space for construction, parking, and landscaping, accommodating large-scale projects or multiple smaller developments. The natural beauty of the surrounding area adds to the property's appeal, offering potential for businesses that benefit from scenic views or a tranquil setting. Detailed site surveys and environmental assessments may be required to determine the feasibility of specific development plans. Prospective buyers are encouraged to conduct their own due diligence to ascertain the suitability of the land for their intended purpose. The asking price for this remarkable commercial land is $2,400,000. This represents a significant investment opportunity with the potential for substantial returns. Serious inquiries are welcome. All information provided is deemed reliable but not guaranteed.

    Property Features for State Route 8

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,312,463 SF

    Building Details

    Year Built
    1967
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chestertown
    County
    Warren
    State
    New York
    Longitude
    -73.89561
    Latitude
    43.66104

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    FAQs

    What type of property is this?
    Commercial real estate - Prime commercial acreage, stunning views, development potential.
    Where is this commercial real estate located?
    The property is located at State Route 8 Chestertown, NY.
    What is the asking price?
    The asking price for this property is $2,400,000.
    (518) 798-3636
    Request Owner's contact information
    State Route 8 Chestertown, NY 12817
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    State Route 8
    Chestertown, NY 12817
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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
    State Route 8 Chestertown, NY 12817
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