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    State St Johnstown, NY 12095

    For Sale
    $1,700,000

    Prime Johnstown location, 31 acres, $1.7M.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property presents a significant investment opportunity in the vibrant city of Johnstown, New York. Situated on a substantial 31-acre lot, the property at E State St Unit L8 offers considerable potential for a variety of uses. The current configuration is mixed-use, providing flexibility for a savvy investor to tailor the space to meet specific market demands. The asking price is $1,700,000, reflecting the significant land holdings and the potential for future development or expansion. The property's location on E State St offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Johnstown. Given the size of the land parcel, there is ample room for future construction or expansion of existing structures. Detailed information regarding the existing building's square footage and specific zoning regulations is readily available upon request. This is a rare opportunity to acquire a substantial mixed-use property in a desirable location with significant upside potential. Serious inquiries are encouraged to explore the possibilities this unique offering presents. The property's location within Johnstown provides easy access to local amenities, transportation routes, and a strong local workforce. This makes it an ideal location for a variety of businesses and commercial ventures. Don't miss this chance to secure a prime piece of Johnstown real estate.

    Property Features for State St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    1,350,360 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Johnstown
    County
    Fulton
    State
    New York
    Longitude
    -74.3681
    Latitude
    43.00657

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Johnstown location, 31 acres, $1.7M.
    Where is this mixed-use property located?
    The property is located at State St Johnstown, NY.
    What is the asking price?
    The asking price for this property is $1,700,000.
    (518) 762-9885
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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 St Johnstown, NY 12095
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