L4 Fogarty Rd Troy, NY 12182
This exceptional 6.92-acre commercial land parcel presents a unique investment opportunity in Troy, New York. Located at L4 Fogarty Road, 12182, this property is situated in an area known for its attractive homes, offering a desirable location just outside of North Troy. The lot is primarily wooded, promising potential for scenic views once developed. This parcel is part of a five-lot subdivision, with three lots already sold and one additional lot still available. While previous percolation tests and septic system designs were completed in 1997, these are outdated and should not be relied upon for current development plans. However, this existing data may provide a useful starting point for future assessments. The asking price for this significant commercial land opportunity is $80,000. Buyers are encouraged to conduct their own due diligence and verify all information independently. This property offers substantial potential for various commercial ventures, making it an attractive investment for developers and entrepreneurs alike. The convenient location and the existing infrastructure within the surrounding area further enhance the appeal of this promising land parcel.
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
Similar Nearby for Lease
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.