Property profile

4646 State Rte Riparius, NY 12862

OFF-MARKET
Mixed-use properties
1 ac lot Built 1940
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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

Location

4646 State Rte Riparius, NY 12862
Riparius metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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