Property profile

2599 Us-9 Malta, NY 12020

OFF-MARKET
Land
2.7 ac lot
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Property summary

AI-generated overview

This exceptional 2.7-acre commercial land parcel, located at 2599 Route 9 in Malta, New York, presents a compelling investment opportunity. Boasting approximately 235 feet of frontage on heavily trafficked Route 9 within the Downtown Malta District, this property enjoys exceptional visibility and accessibility. The site is zoned CG3, permitting a wide range of commercial uses, including, with a special use permit, gas stations, car washes, and auto service centers. Public water and sewer are conveniently located nearby. The property's strategic location offers significant advantages, with easy access to major roadways and a high volume of daily traffic. According to 2019 data, the average annual daily traffic count on Route 9 is 13,745 vehicles. The area is well-established, with numerous amenities in close proximity, including Market 32, CVS, Taco Bell, Starbucks, Cumberland Farms, Pioneer Bank, Berkshire Bank, Broadview Federal Credit Union, the Malta Public Library, and the Malta Community Center. Gas and electric services are readily available at the roadside. This property offers potential for land leasing or joint ventures, making it an attractive option for developers and investors seeking a high-traffic location with diverse development possibilities. The asking price for this remarkable opportunity is $450,000.

Property profile

Verified
Property type Land
Lot 2.7 ac (117,612 SF)

Cap rate & NOI

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

Location

2599 Us-9 Malta, NY 12020
Malta 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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