5280 Nys Rte Chestertown, NY 12817
This exceptional 114.1-acre commercial parcel presents a unique investment opportunity in Warren County, New York. Located at 5280 NYS Route 9 in Chestertown (near Warrensburg), this property boasts convenient highway access, with electricity readily available at the roadside. A driveway has already been cut into the land, and two potential building sites have been cleared, simplifying development. The expansive lot, encompassing 4,970,196 square feet, offers ample space for a variety of commercial ventures. Its idyllic Adirondack setting provides easy access to nearby attractions, including Warrensburg, Bolton Landing, and Lake George. Outdoor enthusiasts will appreciate the proximity to Gore Mountain, numerous hiking trails, and kayaking opportunities. The property is served by the Warrensburg school district (elementary and high school). This is an exceptional opportunity to capitalize on the growing popularity of the Adirondack region and establish a thriving business in a stunning natural setting. The asking price is $225,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.