Property profile

2884 State Rte 30 Speculator, NY 12164

OFF-MARKET
Commercial real estate
0.22 ac lot
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Property summary

AI-generated overview

This exceptional 0.22-acre commercial lot presents a unique investment opportunity in the vibrant town of Speculator, NY. Located at 2884 State Route 30 Unit 2884, this property offers significant potential for a variety of commercial ventures. Its strategic location provides excellent visibility and accessibility, ensuring high traffic exposure. The lot's size is perfectly suited for smaller-scale commercial developments, such as a retail space, office building, or potentially a small-scale hospitality establishment. The absence of existing structures allows for complete design flexibility, enabling the creation of a bespoke development tailored to specific business needs. Speculator offers a thriving community with a strong local economy and a growing tourism sector, providing a solid foundation for a successful commercial enterprise. This property represents a rare chance to acquire a prime commercial lot in a desirable location, offering significant return on investment potential. The property is ready for immediate development, eliminating lengthy delays associated with land acquisition and permitting. Serious inquiries are encouraged to explore this exciting opportunity further. The asking price is $229,000. Don't miss out on this exceptional chance to establish a thriving business in a picturesque and growing community.

Property profile

Verified
Property type Commercial real estate
Lot 0.22 ac (9,583 SF)

Cap rate & NOI

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

Location

2884 State Rte 30 Speculator, NY 12164
Speculator metro
Google Maps

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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