3324 Rte Malone, NY 12953
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.