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    234-244 Sunset Ave Herkimer, NY 13350

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    For Sale
    $550,000

    Commercial area with structures for redevelopment, high traffic location.

    Lot size:
    0.29 Acres

    Property Features for 234-244 Sunset Ave

    General Information

    Lot size
    0.29 Acres

    Source: Keller-Williams Mohawk Valley Agent Delbert Ball

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

    Overview

    Prime Commercial Area For Redevelopment

    This commercial area features three separate lots, each with existing structures. The seller prefers to sell all three parcels together in as-is condition for redevelopment purposes. The properties include a commercial repair shop and two single-family dwellings. Situated at a main four corners location, the site benefits from a high traffic volume of 20,000 cars per day. The location is near the main entrance to Walmart and adjacent to a KFC, Taco Bell, and McDonald's. This location may be suitable for a coffee shop or small retail location.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Herkimer
    County
    Herkimer
    State
    New York
    Longitude
    -74.9936557
    Latitude
    43.021899

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    FAQs

    What type of property is this?
    Retail space - Commercial area with structures for redevelopment, high traffic location.
    Where is this retail space located?
    The property is located at 234-244 Sunset Ave Herkimer, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Prime commercial location at a main intersection; - High traffic count of 20,000 cars per day; - Three separate lots with existing structures included
    (315) 868-3933
    Request Owner's contact information
    234-244 Sunset Ave 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
    234-244 Sunset Ave Herkimer, NY 13350
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