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    527 Perry St Johnstown, NY 12095

    For Sale
    $359,000

    Prime Johnstown location, 0.81-acre lot, $359,000.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property presents a unique investment opportunity in the vibrant city of Johnstown, NY. Situated on a sizable 0.81-acre lot at 527 N Perry St Unit 527, this property offers significant potential for a variety of uses. The building's current configuration is classified as mixed-use, allowing for flexibility in development and tenant occupancy. The asking price is $359,000, representing a compelling entry point into the Johnstown real estate market. Given the substantial lot size, there's potential for expansion or redevelopment, subject to local zoning regulations and approvals. The property's location within Johnstown offers convenient access to local amenities, transportation routes, and a thriving community. Further due diligence is recommended to fully assess the property's potential and to determine its suitability for specific business plans. Detailed information regarding the building's square footage and internal layout is available upon request. This is an excellent opportunity for investors seeking a versatile property with significant upside potential in a desirable location. Serious inquiries are encouraged to explore this promising investment prospect further. The property is offered as-is.

    Property Features for 527 Perry St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    35,284 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    -74.36375
    Latitude
    43.03188

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Johnstown location, 0.81-acre lot, $359,000.
    Where is this mixed-use property located?
    The property is located at 527 Perry St Johnstown, NY.
    What is the asking price?
    The asking price for this property is $359,000.
    (518) 762-9885
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    527 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
    527 Perry St Johnstown, NY 12095
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