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Property profile

3401 State Route 11 Malone, NY 12953

OFF-MARKET
Commercial real estate
5.2 ac lot
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Property summary

AI-generated overview

This exceptional 5.2-acre commercial property presents a unique opportunity for business development in a high-traffic location. Situated on State Route 11, just outside the village limits of Malone, NY, this lot boasts unparalleled visibility and accessibility. The property enjoys 150 feet of road frontage along State Route 11, enhanced by an additional 30-foot right-of-way on each side, ensuring ample space for convenient access and potential expansion. Significant hard fill has already been implemented, resulting in a substantial, level driveway, simplifying construction and site preparation. This flat lot is strategically positioned between established businesses, Pizza Hut and KFC, guaranteeing high daily traffic exposure. The property's prime location benefits from a high volume of vehicular traffic, as evidenced by the NYS DOT AADT 2019 data reporting 16,582 vehicles per day. The convenient location also offers proximity to Cornwall, Ontario, approximately 45 minutes away. This ready-to-develop parcel is priced at $450,000 and represents an exceptional investment opportunity for businesses seeking a high-visibility location with significant traffic flow. Don't miss this chance to establish your business in a thriving area.

Property profile

Verified
Property type Commercial real estate
Lot 5.2 ac (226,512 SF)

Cap rate & NOI

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

Location

3401 State Route 11 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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