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    OFF-MARKET
    Commercial real estate

    Comrie Ave, Johnstown, NY 12095

    6.06 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.06-acre parcel of land presents a unique opportunity for commercial development in the vibrant town of Johnstown, New York. Located on N Comrie Ave, this expansive property offers significant potential for a variety of commercial ventures. The substantial acreage allows for ample space for construction, parking, and landscaping, catering to a wide range of business needs. Its strategic location within Johnstown provides excellent visibility and accessibility, ensuring high traffic flow and potential customer reach. The property's zoning regulations should be independently verified to determine the permissible uses. This is an ideal site for businesses seeking a prominent presence in a growing community. The asking price of $299,000 represents a compelling investment opportunity for developers and entrepreneurs looking to establish a strong foothold in the Johnstown market. Given the size and location, this property is well-suited for a variety of commercial projects, from retail spaces and office buildings to light industrial facilities. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this remarkable commercial land offering. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use. The absence of square footage information in the listing necessitates independent verification of the site's dimensions and buildable area.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 6.06 ac (263,974 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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