Technical
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Property profile

275 Main St Malone, NY 12953

OFF-MARKET
Commercial real estate
6,900 SF 1.14 ac lot Built 2004
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Property summary

AI-generated overview

This exceptional commercial property, located at 275 W Main St Unit 275 in Malone, NY, presents a unique investment opportunity. Boasting a substantial 6,900 square feet of space situated on a 1.14-acre lot, this building enjoys a highly desirable location at the intersection of NY State Route 11 and 30, ensuring maximum visibility and accessibility. The property features a large parking area, convenient for customers and employees, and includes a dedicated loading dock, ideal for efficient goods handling. The building is equipped with ample electrical power, suitable for a wide range of commercial uses. The strategic location guarantees high daily traffic counts, providing excellent exposure for any business. Access to and from the parking lot is straightforward and easy. At a price of $375,000, this represents an exceptional value, translating to only $57 per square foot – a cost that significantly undercuts the price of comparable new construction. The property's prime location and substantial features offer tremendous potential for a variety of commercial ventures. Easy access for showings is available.

Property profile

Verified
Property type Commercial real estate
Year built 2004
Total area 6,900 SF
Lot 1.14 ac (49,658 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Parts Store

Location

275 Main St Malone, NY 12953
Malone 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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