11338 Western TpkeEsperance, NY 12066

Property Details for 11338 Western Tpke

Lot size

1.91 AC

Zone code

05 - COMMERCIAL

Property type

Retail properties

Property subtype

Other automotive properties

APN

422089 64.00-1-1.1

APU

4220896400111

Description

This exceptional commercial property presents a unique investment opportunity in the thriving town of Esperance, NY. Situated at 11338 Western Turnpike, Unit 11338, this expansive 1.91-acre lot offers significant potential for a variety of commercial ventures. The property's generous size allows for ample development possibilities, catering to businesses requiring substantial space and visibility. Its strategic location along Western Turnpike ensures high traffic volume and excellent exposure to potential customers. The absence of existing structures provides a blank canvas for customized development, allowing for the creation of a building perfectly tailored to specific business needs. This presents a rare chance to establish a strong commercial presence in a desirable area. The asking price of $129,900 represents exceptional value for a property of this size and location. Given the property's potential and the current market conditions, this is an investment opportunity not to be missed. Serious inquiries are encouraged to explore the possibilities this land offers. The property is zoned for commercial use, and all necessary utilities are readily available. This is an ideal location for businesses seeking a prominent presence in a growing community. The seller is motivated and open to reasonable offers. Act quickly to secure this prime commercial land.

• CAP approach

  CAP return

  Valuation

  6%

  $30,382,210

  6.5%

  $28,045,116

  7%

  $26,041,894

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,578,838

  Geo Method

  $27,394,698

• Alternative Use

  Use

  Valuation

  Residential

  $23,657,104

  Hospitality

  $21,669,780

  Educational

  $18,029,004

  Medical

  $18,649,048

  Retail

  $28,045,116

Location Insight

City

Esperance

County

Schenectady

State

New York

Latitude

42.761

Longitude

-74.2539

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.