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    Mixed-use properties

    4646 State Rte, Riparius, NY 12862

    1 ac lot Built 1940
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1940
    Lot 1 ac (43,560 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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