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Property profile & analytics
OFF-MARKET
Land

L4 Fogarty Rd Troy, NY 12182

6.92 ac lot
Property ID
Property summary
AI-generated overview

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 While previous percolation tests and septic system designs were completed in 1997, these are outdated and should not be relied upon for current development plans.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.

Property profile
Verified
Property type Land
Lot 6.92 ac (301,435 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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