141 State Route 17BMonticello, NY 12701

  • Mixed-use properties
  • 450 SF
For Sale
$190,000 View listing

Property Details for 141 State Route 17B

Year built
1975
Lot size
0.26 AC
Property size (Sq ft)
450 SF
Zone code
B1
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
484601 102.-3-7
APU
48460110237

Description

This 450-square-foot mixed-use property at 141 State Route 17B in Monticello, New York, presents a fantastic retail opportunity. Situated on a 0.26-acre lot, this former storefront enjoys exceptional visibility and accessibility, making it perfect for a diverse range of businesses. Its prime location offers ample parking and convenient access for customers. The property's proximity to the Monticello Casino and Resort and other nearby shopping and dining establishments ensures high foot traffic and a strong customer base. The building's versatile layout is suitable for retail, office, or service-based businesses seeking a well-established commercial area. This is an exceptional chance to establish or relocate a business in a thriving commercial corridor with significant potential for growth and success. The asking price is $190,000. Don't miss this chance to secure a prominent location in a bustling commercial area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $138,616
    6.5%
    $127,953
    7%
    $118,814

  • Comparable approach

    Method
    Valuation
    Relative Method
    $91,748
    Geo Method
    $91,135

  • Alternative Use

    Use
    Valuation
    Residential
    $127,953
    Hospitality
    $117,204
    Educational
    $97,513
    Medical
    $100,866
    Retail
    $151,686
141 State Route 17B, Monticello, New York
+−
Leaflet | © OpenStreetMap contributors

Location Insight

City
Monticello
County
Sullivan
State
New York
Latitude
41.6638
Longitude
-74.7119

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
-
$20,000
$5,000
$25,000
-
$40,000
$10,000
$50,000

Comparable in this City

Similar Nearby for Sale

Similar Nearby for Lease

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141 State Route 17B, Monticello, New York, 12701

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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