6188 Ny-5 Little Falls, NY 13365
This exceptional redevelopment opportunity presents a vacant 1,800 square foot convenience store situated on a 105-405 acre lot in Little Falls, New York. Located at 6188 NY-5, this single-story, Class B building boasts a prime location midway between Little Falls and Herkimer, benefiting from high visibility and significant traffic volume. The property is zoned "C" and features a single unit within a single building constructed in 1994. The site sits on a heavily traveled east-west highway (NY-5) with an average daily traffic count of 7,700 vehicles. Surrounding land uses include light industrial, commercial, and trucking companies, indicating a robust and diverse local economy. Herkimer, just five miles away, shows extensive commercial development along Route 5, suggesting a promising trend for future growth in this area. Little Falls, with a population of 5,000, enjoys a strategic location approximately midway between New York City and Buffalo, offering excellent accessibility and potential for a wide customer base. This vacant property presents a unique chance to capitalize on a high-traffic location and strong potential for future development within a thriving commercial corridor. The asking price is $295,000, representing a compelling investment in a prime retail location with significant upside potential. The fee ownership structure provides complete control and flexibility for the new owner.
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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.