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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6188 Ny-5 Little Falls, NY 13365

1,800 SF 105 ac lot Built 1994
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1994
Total area 1,800 SF
Lot 105 ac (4,573,800 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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