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    OFF-MARKET
    Mixed-use properties

    2289 Route 9, Mechanicville, NY 12118

    29.77 ac lot Built 1920
    Property ID
    Property summary
    AI-generated overview

    This exceptional mixed-use property, situated at 2289 Route 9 in Mechanicville, New York, presents a compelling investment opportunity. Spanning a substantial 29.77 acres, the property offers significant development potential due to its strategic location on a major thoroughfare. The existing structures, while not detailed here, provide a solid foundation for a variety of uses, catering to both commercial and potentially residential needs. The expansive acreage allows for considerable flexibility in future development plans, accommodating expansion or the addition of new buildings. The asking price of $2,200,000 reflects the property's considerable size, prime location, and inherent growth potential. Given its high visibility on Route 9, this property is ideally suited for businesses seeking strong exposure to a high volume of traffic. The substantial land area also presents opportunities for future expansion or the development of additional income-generating properties. Serious inquiries are encouraged to explore the possibilities this unique offering presents. Detailed information regarding the existing structures and zoning regulations is available upon request. This is a rare opportunity to acquire a significant parcel of land in a desirable location with considerable upside potential. Don't miss out on this chance to secure a valuable asset in a growing market.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1920
    Lot 29.77 ac (1,296,781 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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