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    324 Prospect St North Herkimer, NY 13350

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    For Sale
    $425,000

    3,173 SF former bank building with drive-thru.

    Property size:
    3,173 SF

    Property Features for 324 Prospect St North

    General Information

    Size
    3,173 SF
    Source: Pyramidbrokerage

    Listing Agent: Jeffrey D'Amore, Sior

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Bank Building For Sale

    This is a 3,173 square foot building formerly used as a bank. It is available for sale or lease and includes two drive-thru lanes. The property is situated on 0.38 acres of land. Parking is available behind the building, with street parking also available in front. The open layout allows for easy conversion to other uses such as office, retail, or restaurant. The property could be turn key for a bank user.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Herkimer
    County
    Herkimer
    State
    New York
    Longitude
    -74.99017
    Latitude
    43.0279412

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    FAQs

    What type of property is this?
    Bank - 3,173 SF former bank building with drive-thru.
    Where is this bank located?
    The property is located at 324 Prospect St North Herkimer, NY.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - 3,173 SF former bank building suitable for sale or lease.; - Features two (2) drive-thru lanes.; - Located on .38 acres of land.
    (315) 725-3510
    Request Owner's contact information
    324 Prospect St North Herkimer, NY 13350
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    Herkimer, NY 13350
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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
    324 Prospect St North Herkimer, NY 13350
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