Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    295 Shellstone Rd Amsterdam, NY 12010

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    43.9 acres of versatile land in Amsterdam, New York.

    Lot size:
    43.90 Acres

    Property Features for 295 Shellstone Rd

    General Information

    Standard status
    Active
    Lot size
    43.90 Acres

    We can help!

    Listing Contact
    Dean Pectal
    Source: Corcoran

    Listing Agency: ANNE LAFFERTY REALTY Listing Agent: Dean Pectal

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

    Learn more

    Overview

    Expansive Land in Amsterdam, NY

    The vacant land spans 43.9 acres, offering a substantial area for a variety of potential uses. This expansive lot provides abundant space for possible residential development, recreational activities, farming, or even a private estate. The land offers a serene rural atmosphere with privacy and room to build. It is ideal for a variety of uses such as agricultural pursuits, outdoor hobbies, or large-scale residential development. The land's natural features provide scenic views and plenty of opportunity for landscaping, hiking trails, or recreational zones. Situated in Amsterdam, NY, the property enjoys access to local conveniences, while maintaining a peaceful, rural environment. With its large size and location, this land is suitable for anyone looking to build, invest, or simply enjoy the beauty of upstate New York. There is a well and electric available.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Department Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Amsterdam
    County
    Montgomery
    State
    New York
    Longitude
    -74.223195
    Latitude
    42.853198

    Nearby Similar for Sale

    • New
      $145,000
      3,807 SF

      Versatile Commercial Space Near Train

      3,800+ SF commercial space suitable for manufacturing, warehousing, or storage.
      8 Yeoman St, Amsterdam, NY 12010
      View Details
    • $120,000
      Pending

      Historic Amsterdam Mixed-Use Opportunity

      5540 SF mixed-use building ready for development in Amsterdam, NY.
      55 Broad St, Amsterdam, NY 12010
      View Details
    • $175,000
      8,000 SF

      Versatile Warehouse and Office Space

      8,000 sq ft warehouse/office building on a 0.33-acre lot.
      11 Edward St, Amsterdam, NY 12010
      View Details
    • $299,000
      5,342 SF

      Mixed-Use Property in Growing Amsterdam

      Mixed-use property with business and residential potential in Amsterdam, NY.
      67 Bridge St, Amsterdam, NY 12010
      View Details
    • $340,000
      10,085 SF

      Historic Amsterdam Property for Renovation

      Charming property in Amsterdam, NY, offering unique renovation potential.
      49 E Main St, Amsterdam, NY 12010
      View Details
    • $180,000
      8,760 SF

      Spacious Light-Industrial Building on NY-5

      8,760 sq ft commercial building with high-traffic visibility.
      397 West Main St, Amsterdam, NY 12010
      View Details
    • $175,000
      0.33 Acres

      Versatile Industrial Building in Amsterdam

      8,000 sq ft warehouse/office space on 0.33-acre lot.
      11 Edward St, Amsterdam, NY 12010
      View Details
    • New
      $185,000
      4,236 SF

      Four-Unit Multifamily Investment Opportunity

      Four-unit building with newer roof and long-term tenants.
      112-118 Grand St, Amsterdam, NY 12010
      View Details
    • $175,000
      2,268 SF

      Amsterdam Two-Family Home For Sale

      Well-maintained two-family home with spacious units and numerous updates.
      250 E Main St, Amsterdam, NY 12010
      View Details
    • $280,000
      3,538 SF

      Amsterdam Multifamily Investment Opportunity

      Well-maintained 3-unit property near shopping, dining, and transportation.
      3 1St Ave, Amsterdam, NY 12010
      View Details
    • $179,900
      1,838 SF

      Amsterdam Triplex For Sale

      Three-unit multifamily property in Amsterdam, New York, with solid brick construction.
      72 Grove St, Amsterdam, NY 12010
      View Details
    • $249,900
      Pending

      Multifamily Property with Storage Facility

      Turnkey multifamily property with rental and storage facility in Amsterdam, NY.
      71-73 Academy St, Amsterdam, NY 12010
      View Details

    FAQs

    What type of property is this?
    Land - 43.9 acres of versatile land in Amsterdam, New York.
    Where is this land located?
    The property is located at 295 Shellstone Rd Amsterdam, NY.
    What are key features of this property?
    This property features: - Expansive 43.9-acre lot offering substantial space and privacy.; - Versatile land suitable for residential development, recreation, farming, or a private estate.; - Serene rural atmosphere with open and wooded areas.
    (518) 634-2262
    Request Owner's contact information
    295 Shellstone Rd Amsterdam, NY 12010
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    295 Shellstone Rd
    Amsterdam, NY 12010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    295 Shellstone Rd Amsterdam, NY 12010
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dean Pectal
    (518) 634-2262
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!