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    OFF-MARKET
    Land

    2599 Us-9, Malta, NY 12020

    2.7 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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