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    OFF-MARKET
    Commercial real estate

    754 Duanesburg Rd, Schenectady, NY 12306

    22.96 ac lot Built 1900
    Property ID
    Property summary
    AI-generated overview

    This exceptional multifamily property, located at 754 Duanesburg Road in Schenectady, New York, presents a compelling investment opportunity. Built in 1900, the property sits on a substantial 22.96-acre lot, offering significant potential for expansion or redevelopment. Its strategic location at the intersection of Route 7 (Duanesburg Road), I-90, and I-88 in Rotterdam provides unparalleled visibility and accessibility. The high traffic volume ensures maximum exposure for any business venture. New York State Department of Transportation data reveals impressive daily traffic counts: 42,447 vehicles on I-90, 19,163 on I-88, and 12,555 on Route 7, totaling 74,165 vehicles per day. This translates to exceptional potential for commercial success. The asking price for this remarkable property is $1,999,990. Its prime location, combined with the high traffic volume and expansive lot size, makes this an ideal investment for those seeking to establish or expand their business in a thriving area. The property's proximity to major highways offers easy access for both employees and customers, further enhancing its appeal. This is a rare opportunity to acquire a significant commercial property in a high-traffic area with substantial growth potential. The property's age presents opportunities for renovation and modernization to increase its value and appeal. Don't miss this chance to secure a prime location for your next venture.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1900
    Lot 22.96 ac (1,000,138 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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