2599 Us-9, Malta, NY 12020
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.