Property profile

State Route 208 Montgomery, NY 12549

OFF-MARKET
Commercial real estate
1.8 ac lot
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Property summary

AI-generated overview

This exceptional 1.8-acre commercial property is strategically located at the highly visible Scott's Corners intersection of Routes 17K and 208 in Montgomery, NY. Zoned B-4, this parcel presents a unique opportunity for a variety of commercial ventures. The property's prime location ensures high traffic volume and exceptional visibility, making it ideal for businesses seeking maximum exposure. A significant advantage is the included easement for signage at the corner of Routes 17K and 208, providing unparalleled advertising potential. This allows for prominent branding and easy identification for potential customers. The expansive 1.8-acre lot offers ample space for development, accommodating a wide range of building sizes and configurations. The property's zoning designation, B-4, should be verified with the relevant authorities to ensure compliance with any intended use. This is a rare opportunity to acquire a highly desirable commercial property in a thriving location with significant development potential. The asking price is $299,000. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Lot 1.8 ac (78,408 SF)

Cap rate & NOI

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

Location

State Route 208 Montgomery, NY 12549
Montgomery metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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