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    864 Rte 9 Gansevoort, NY 12831

    Sponsored
    For Sale
    $125,000

    Prime NY development land, Route 9 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 33.32-acre parcel, located at 864 Route 9 in Gansevoort, New York (zip code 12831), presents a unique investment opportunity. Zoned Rb-1 Res/Bus, the property offers potential for both residential and commercial development. While a significant portion of the land is vacant, available surveys and maps detail the acreage. A smaller area is suitable for development, contingent upon securing necessary governmental approvals. Importantly, a conceptual plan for a small commercial building already exists, providing a potential starting point for future development. The property's strategic location along Route 9 in Saratoga County ensures high visibility and accessibility. The asking price for this expansive land holding is $125,000. This represents a compelling opportunity for developers seeking a foothold in a desirable New York location. Interested parties should conduct their own due diligence regarding zoning regulations and development possibilities.

    Property Features for 864 Rte 9

    General Information

    Property type
    Land
    Lot Size
    1,451,419 SF

    HighLights

    • 33.32‑acre parcel in Gansevoort, NY (12831) at 864 Route 9.
    • Rb‑1 Res/Bus zoning allows for residential and commercial development.
    • Priced at $125,000.
    • High visibility location on Route 9 in Saratoga County.
    • Existing conceptual plan for a small commercial building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gansevoort
    County
    Saratoga
    State
    New York
    Longitude
    -73.7504796
    Latitude
    43.1724195

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime NY development land, Route 9 frontage.
    Where is this land located?
    The property is located at 864 Rte 9 Gansevoort, NY.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 33.32-acre parcel in Gansevoort, NY (12831) at 864 Route 9.; Rb-1 Res/Bus zoning allows for residential and commercial development.; Priced at $125,000.
    (518) 464-0870
    Request Owner's contact information
    864 Rte 9 Gansevoort, NY 12831
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    Gansevoort, NY 12831
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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
    864 Rte 9 Gansevoort, NY 12831
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