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    L8 State Highway 29 Johnstown, NY 12095

    Sponsored
    For Sale
    $1,700,000

    Prime Johnstown location, high traffic, 12,000 sq ft.

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, situated on 31 acres encompassing two parcels, presents a remarkable investment opportunity in Johnstown, New York. Located on the highly trafficked State Highway 29, this 12,000 square foot building enjoys unparalleled visibility and accessibility. Its strategic position offers convenient proximity to Route 30A and the New York State Thruway, ensuring easy access for customers and employees. Just minutes from both Saratoga and Albany, this property benefits from a strong regional draw. The building itself boasts a range of desirable features, including ample parking, a recently installed heating and air conditioning system, high ceilings, and large overhead doors in the rear. The front of the building features an all-glass facade, maximizing natural light and curb appeal. The concrete floors provide durability and versatility. With its substantial size and adaptable layout, this property is well-suited for a variety of commercial uses, including retail, office, storage, or medical facilities. The possibilities are truly endless. The asking price is $1,700,000.

    Property Features for L8 State Highway 29

    General Information

    Property type
    Land
    Square Feet
    12,000 SF

    HighLights

    • $1,700,000 asking price.
    • 12,000 square foot retail and land property in Johnstown, NY.
    • Located on high‑traffic State Highway 29, near Route 30A and the NYS Thruway, offering easy access to Saratoga and Albany.
    • Features ample parking, new HVAC, high ceilings, overhead doors, and concrete floors.
    • Two parcels totaling 31 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Fulton
    State
    New York
    Longitude
    -74.3875236
    Latitude
    43.0168261

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Johnstown location, high traffic, 12,000 sq ft.
    Where is this land located?
    The property is located at L8 State Highway 29 Johnstown, NY.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: $1,700,000 asking price.; 12,000 square foot retail and land property in Johnstown, NY.; Located on high-traffic State Highway 29, near Route 30A and the NYS Thruway, offering easy access to Saratoga and Albany.
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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
    L8 State Highway 29 Johnstown, NY 12095
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