L8 State Highway 29, Johnstown, NY 12095
This exceptional commercial property, situated on 31 acres encompassing two parcels, presents a remarkable investment opportunity in Johnstown, New York. Located on the highly trafficked State Highway 29, this 12,000 square foot building enjoys unparalleled visibility and accessibility. Its strategic position offers convenient proximity to Route 30A and the New York State Thruway, ensuring easy access for customers and employees. Just minutes from both Saratoga and Albany, this property benefits from a strong regional draw. The building itself boasts a range of desirable features, including ample parking, a recently installed heating and air conditioning system, high ceilings, and large overhead doors in the rear. The front of the building features an all-glass facade, maximizing natural light and curb appeal. The concrete floors provide durability and versatility. With its substantial size and adaptable layout, this property is well-suited for a variety of commercial uses, including retail, office, storage, or medical facilities. The possibilities are truly endless. The asking price is $1,700,000.
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
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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.