Property profile

4 Harrowgate Cmns Chaumont, NY 13622

OFF-MARKET
Specialty properties
15,000 SF 3.3 ac lot
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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

Location

4 Harrowgate Cmns Chaumont, NY 13622
Chaumont metro
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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
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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