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    Specialty properties

    4 Harrowgate Cmns, Chaumont, NY 13622

    15,000 SF 3.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.3-acre commercial land parcel, located at 4 Harrowgate Commons in Massena, New York (zip code 13622), presents a unique investment opportunity. The 15,000 square foot site is currently occupied by a government agency under a long-term lease, ensuring a stable and predictable income stream. The property is in pristine condition, requiring no immediate capital expenditures for deferred maintenance. Financial details, including a 2.8% cap rate, are available upon request. This property is strategically situated at the corner of Main Street and Harrowgate Commons, offering high visibility and accessibility. The current tenant's commitment to a long-term lease provides significant financial security. It's important to note that this property is part of a larger five-property portfolio, offering potential for bulk purchase at a discounted price. The portfolio includes three properties leased by government agencies, one by a medical facility, and another with five duplex units. This presents a compelling opportunity for investors seeking a diversified commercial real estate portfolio with strong, long-term rental income. Serious inquiries are encouraged to explore this lucrative investment further.

    Property profile
    Verified
    Property type Specialty properties
    Total area 15,000 SF
    Lot 3.3 ac (143,748 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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