L1-4 Main St, Gloversville, NY 12078
This exceptional 0.15-acre commercial land parcel presents a unique investment opportunity in the heart of Gloversville, NY. Located at L1-4 S Main St, 12078, this property boasts a prime location with frontage on both Main Street and Fulton Street, offering unparalleled visibility and accessibility. The 6,534 square foot lot is ideally suited for the development of a much-needed downtown parking facility, catering to the growing demand for convenient parking in this vibrant area. This represents a chance to contribute to Gloversville's ongoing downtown revitalization efforts. The asking price for this strategically positioned land is $250,000. Given its size, location, and potential uses, this property offers significant return on investment potential for developers seeking to capitalize on the increasing need for parking solutions in a thriving urban center. The property's address is clearly identified as L1-4 S Main St, Gloversville, NY, 12078, within Fulton County (county code 36035). Its geographic coordinates are 43.0502644 latitude and -74.3461131 longitude. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly developing downtown area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.