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Property profile

3324 Rte Malone, NY 12953

OFF-MARKET
Retail properties & Spaces
69,479 SF 15 ac lot
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Property summary

AI-generated overview

This exceptional Malone, NY retail investment opportunity presents a 69,479 square foot storefront situated on a 15-acre lot at 3324 Route 11, zip code 12953. The property boasts prominent visibility from Route 11, ensuring high traffic and customer exposure. Its strong co-tenancy with established businesses creates a synergistic retail environment, attracting a steady flow of foot traffic. Ample parking is available for both customers and tenants, enhancing convenience and accessibility. The flexible zoning allows for a variety of retail uses, making it an attractive option for developers seeking to capitalize on the area's growth potential. Furthermore, a one-acre pad site is available for sale or ground lease, presenting additional development opportunities. This prime location offers easy access for both customers and suppliers, contributing to operational efficiency. The property's strategic location and potential for value-add strategies make it an ideal investment for retail and neighborhood center investors seeking significant returns. The property is located in Franklin County, New York.

Property profile

Verified
Property type Retail properties & Spaces
Total area 69,479 SF
Lot 15 ac (653,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3324 Rte Malone, NY 12953
Malone metro
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Value estimations

Realmo proprietary · 4 methods
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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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