4646 State Rte, Riparius, NY 12862
This exceptional investment opportunity presents a 1-acre mixed-use property located at 4646 State Route 8 in the charming town of Riparius, New York. Priced affordably at $120,000, this property offers significant potential for a variety of uses, making it an attractive prospect for both seasoned investors and first-time buyers. The property's versatile nature allows for creative development and adaptation to suit a range of business ventures. Its strategic location on State Route 8 ensures high visibility and accessibility, providing excellent exposure to potential customers and clients. The one-acre lot provides ample space for expansion, parking, or outdoor activities, depending on the intended use. The absence of existing square footage data presents a blank canvas for prospective buyers to envision and implement their ideal development plans. This property is an excellent opportunity to establish a presence in a desirable location with significant growth potential. The buyer will have the freedom to design and construct a building that perfectly aligns with their business needs and vision. Given the attractive price point and the potential for future appreciation, this property represents a compelling investment opportunity in the vibrant Riparius market. Serious inquiries are encouraged to explore the possibilities this unique property offers. Act quickly, as opportunities like this are rare.
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
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.