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Property profile

123 Merchant Pl Cobleskill, NY 12043

OFF-MARKET
Retail properties & Spaces
25 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 123 Merchant Pl, Cobleskill, NY 12043, presents a unique investment opportunity. The property encompasses a substantial 25 acres of land, ideally suited for retail development. Currently, there are six available spaces ready for lease, offering significant potential for a variety of businesses. The site's expansive acreage allows for ample parking and future expansion. Situated in Schoharie County, this location benefits from convenient access to major transportation routes, ensuring high visibility and accessibility for potential customers. The property is classified as both retail and land, providing flexibility for various development plans. With its substantial size and prime location, this property is an excellent choice for entrepreneurs seeking to establish a thriving retail presence in a growing market. The existing infrastructure offers a solid foundation for immediate occupancy or extensive redevelopment. This is a rare opportunity to acquire a large parcel of land in a desirable location with immediate potential for income generation. The property's zoning and permitted uses should be verified independently. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Lot 25 ac (1,089,000 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
  • Hair Salon Nail Salon
  • Mobile Phone Store Electronics & Wireless Store
  • (Bike/Boat/Book/etc) Store Arcade & Gaming Center
  • Food Market Restaurant
  • Mobile Phone Store Electronics & Wireless Store

Location

123 Merchant Pl Cobleskill, NY 12043
Cobleskill metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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