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    01 Rte 4 East Greenbush, NY 12061

    Sponsored
    For Sale
    $800,000

    1.5-Acre Commercial Land, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.5-acre commercial land parcel in East Greenbush, NY, presents a prime opportunity for development. Ideally situated on Route 4 at a lighted intersection, this property boasts an impressive daily traffic count of 23,639 vehicles. The site is designed to accommodate two distinct commercial pads. Pad Site 1 encompasses 5,000 square feet with 35 parking spaces, while Pad Site 2 offers 2,500 square feet and 15 parking spaces, for a total of 50 parking spaces. The property is serviced by municipal water and sewer, simplifying infrastructure needs. Detailed design plans are available, showcasing the potential for a thriving commercial development. This high-visibility location in Rensselaer County, with its convenient access and substantial traffic flow, makes it an attractive investment at an asking price of $800,000. The property's zoning and potential uses should be verified independently. The address is 01 Route 4, East Greenbush, NY 12061.

    Property Features for 01 Rte 4

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre commercial land parcel in East Greenbush, NY.
    • Pad Site 1: 5,000 SF building with 35 parking spaces.
    • Pad Site 2: 2,500 SF building with 15 parking spaces.
    • High daily traffic count of 23,639 vehicles.
    • Located at a lighted intersection on Route 4.
    • Municipal water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Greenbush
    County
    Rensselaer
    State
    New York
    Longitude
    -73.6653939
    Latitude
    42.6033695

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    FAQs

    What type of property is this?
    Land - 1.5-Acre Commercial Land, High Traffic
    Where is this land located?
    The property is located at 01 Rte 4 East Greenbush, NY.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 1.5-acre commercial land parcel in East Greenbush, NY.; Pad Site 1: 5,000 SF building with 35 parking spaces.; Pad Site 2: 2,500 SF building with 15 parking spaces.
    Request Owner's contact information
    01 Rte 4 East Greenbush, NY 12061
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    East Greenbush, NY 12061
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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
    01 Rte 4 East Greenbush, NY 12061
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