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    1569 New Scotland Rd Slingerlands, NY 12159

    For Sale
    $800,000

    0.7-acre lot, high-potential mixed-use building.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property, located at 1569 New Scotland Rd Unit 1569 in Slingerlands, NY, presents a compelling investment opportunity. Situated on a sizable 0.7-acre lot, the building offers significant potential for a variety of uses, catering to both commercial and potentially residential needs. The property's strategic location in Slingerlands provides excellent access to major transportation routes, ensuring high visibility and convenient accessibility for businesses and residents alike. The asking price is $800,000, representing a strong value proposition in the current market. While the precise square footage is currently unavailable, the substantial lot size and versatile building structure suggest ample space for development or expansion. This property is ideal for an investor seeking a high-return opportunity with the potential for significant long-term growth. Further due diligence is encouraged to fully assess the property's potential and to develop a comprehensive business plan. The property's zoning and permitted uses should be verified with the local authorities. This is a rare chance to acquire a significant mixed-use property in a desirable location. Don't miss this opportunity to secure a valuable asset with considerable upside potential. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 1569 New Scotland Rd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    30,492 SF

    Building Details

    Year Built
    1960
    Insight Report Location Intelligence

    Current Use by Public Records

    ATM (Trustco Bank) Atm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Slingerlands
    County
    Albany
    State
    New York
    Longitude
    -73.8661
    Latitude
    42.62931

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    FAQs

    What type of property is this?
    Mixed-use property - 0.7-acre lot, high-potential mixed-use building.
    Where is this mixed-use property located?
    The property is located at 1569 New Scotland Rd Slingerlands, NY.
    What is the asking price?
    The asking price for this property is $800,000.
    (518) 724-5800
    Request Owner's contact information
    1569 New Scotland Rd Slingerlands, NY 12159
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    Slingerlands, NY 12159
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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
    1569 New Scotland Rd Slingerlands, NY 12159
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