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    OFF-MARKET
    Retail properties & Spaces

    1956 Western Ave, Guilderland, NY 12084

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    Property summary
    AI-generated overview

    This exceptional 226,512 square foot commercial land parcel presents a remarkable investment opportunity in Guilderland, New York. Located at 1956 Western Avenue, this property is zoned for retail development and offers significant potential for substantial monthly income generation. The expansive lot size provides ample space for a variety of commercial ventures, allowing for flexibility in design and development. The current income stream is substantial, but further improvements and strategic leasing could significantly increase profitability. The property's convenient location on Western Avenue ensures high visibility and accessibility, attracting a large customer base. The site benefits from a private road, enhancing security and providing convenient access for both customers and employees. This is a rare opportunity to acquire a large, well-located commercial land parcel with proven income potential in a thriving New York market. The asking price is $2,000,000. Detailed zoning information and development guidelines are available upon request. This property is ideal for developers seeking a high-return investment with significant upside potential. The absence of existing structures allows for complete design freedom, enabling the creation of a bespoke commercial development tailored to specific market demands. This is a unique chance to shape the future of a prime retail location in Guilderland. Serious inquiries only.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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
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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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