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    OFF-MARKET
    Commercial real estate

    2260 State Highway 29, Johnstown, NY 12095

    2 ac lot Built 1940
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2260 State Highway 29 Unit 2260 in Johnstown, New York, presents a unique investment opportunity. Encompassing two acres of land, this expansive lot offers significant potential for a variety of commercial ventures. The property's strategic location on State Highway 29 ensures high visibility and accessibility, making it an ideal site for businesses seeking strong exposure to a substantial traffic flow. The substantial lot size provides ample space for development, allowing for the construction of a large-scale building or the creation of a multi-unit complex. The property is classified as "Other," indicating its versatility and adaptability to a wide range of commercial uses. Given its size and prime location, this property is well-suited for businesses seeking a prominent presence in the Johnstown market. The asking price of $599,900 reflects the significant value and potential of this exceptional commercial land parcel. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable location. Don't miss out on this chance to secure a prime piece of Johnstown real estate. The property is ready for immediate development, offering a blank canvas for your commercial vision.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1940
    Lot 2 ac (87,120 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
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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