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    6188 Ny-5 Little Falls, NY 13365

    Sponsored
    For Sale
    $295,000

    Vacant Convenience Store, High Traffic Area

    Property size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional redevelopment opportunity presents a vacant 1,800 square foot convenience store situated on a 105-405 acre lot in Little Falls, New York. Located at 6188 NY-5, this single-story, Class B building boasts a prime location midway between Little Falls and Herkimer, benefiting from high visibility and significant traffic volume. The property is zoned "C" and features a single unit within a single building constructed in 1994. The site sits on a heavily traveled east-west highway (NY-5) with an average daily traffic count of 7,700 vehicles. Surrounding land uses include light industrial, commercial, and trucking companies, indicating a robust and diverse local economy. Herkimer, just five miles away, shows extensive commercial development along Route 5, suggesting a promising trend for future growth in this area. Little Falls, with a population of 5,000, enjoys a strategic location approximately midway between New York City and Buffalo, offering excellent accessibility and potential for a wide customer base. This vacant property presents a unique chance to capitalize on a high-traffic location and strong potential for future development within a thriving commercial corridor. The asking price is $295,000, representing a compelling investment in a prime retail location with significant upside potential. The fee ownership structure provides complete control and flexibility for the new owner.

    Property Features for 6188 Ny-5

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,800 SF
    Class
    B
    Lot Size
    4,573,800 SF

    Building Details

    Year Built
    1994
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 1,800 SF vacant convenience store on a 105‑405 acre lot in Little Falls, NY.
    • Located at 6188 NY‑5, midway between Little Falls and Herkimer, offering high visibility and traffic.
    • Class B, single‑story building, built in 1994, zoned "C".
    • High‑traffic location on NY‑5 (7,700 ADT), surrounded by light industrial, commercial, and trucking businesses.
    • Asking price: $295,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Building Supply Hair Salon Wholesale Shop Bar & Pub Bed & Breakfast Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Falls
    County
    Herkimer
    State
    New York
    Longitude
    -74.9056456
    Latitude
    43.0226424

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    FAQs

    What type of property is this?
    Individual retail property - Vacant Convenience Store, High Traffic Area
    Where is this individual retail property located?
    The property is located at 6188 Ny-5 Little Falls, NY.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 1,800 SF vacant convenience store on a 105-405 acre lot in Little Falls, NY.; Located at 6188 NY-5, midway between Little Falls and Herkimer, offering high visibility and traffic.; Class B, single-story building, built in 1994, zoned "C".
    Request Owner's contact information
    6188 Ny-5 Little Falls, NY 13365
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    Little Falls, NY 13365
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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
    6188 Ny-5 Little Falls, NY 13365
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