686 State Route 17 K Montgomery, NY 12549
This exceptional 4.4-acre commercial property in Montgomery, NY, presents a lucrative investment opportunity. The site boasts a thriving mixed-use configuration, seamlessly blending residential and commercial components. Currently, the property includes a dedicated car lot, perfectly suited for automotive sales or service operations, generating immediate income streams. In addition, two single-family homes are situated on the land: one is a three-bedroom, two-bathroom ranch, and the other is a three-bedroom, one-bathroom ranch. These residences offer additional revenue potential through rental income or owner occupancy. The well-maintained buildings minimize upkeep costs, ensuring a hassle-free investment experience. The expansive lot offers significant potential for future development or expansion, allowing for further growth and increased profitability. Located in desirable Montgomery, the property benefits from convenient access to major highways, public transportation, local shops, and restaurants, enhancing its appeal to both residents and businesses. Detailed financial records are available upon request, providing a comprehensive overview of revenue and operational expenses. This unique combination of established income streams and future development potential makes this property an exceptional investment opportunity. The property is situated at 686 State Route 17K, Montgomery, NY 12549.
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.