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    327 Cornelia St Plattsburgh, NY 12901

    • Investment properties
    • 20,270 SF
    • 1.00 lot acres
    For Sale
    View listing
    $1,559,000
    Value Estimation
    Location Intelligence
    Property ID
    US63-1570161
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • North Star Industries / Physical Therapist
    • Aaron's Rent To Own / Furniture Store / Appliance Rental Service
    • Stored Technology IT Support Services / Computer Support And Services / Computer Security Service

    Property Details for 327 Cornelia St

    Year built
    1985
    Lot size
    1.00 lot acres
    Property size
    20,270 SF
    Zone code
    12
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    091300 207.17-2-10
    APU
    9130020717210

    Description

    This exceptional Plattsburgh investment property, located at 327 Cornelia St, offers a compelling opportunity. The 20,270 square foot building boasts a prime location on a busy corner with a traffic light in the city's business district, directly off I-87 Exit 37. Built in 1985 and renovated in 2014, the property features a mix of retail and industrial space. A long-term lease is in place, currently at 67% occupancy, with a remaining term of 7 years. The industrial space, totaling approximately 4,700 square feet, includes two dock doors, while the attached retail space comprises approximately 1,300 square feet. Three modern office spaces were added during the 2014 renovation. An additional 6,000 square feet of retail/warehouse space is available for lease. The property sits on a one-acre lot and is zoned B-2. Its proximity to SUNY Plattsburgh, Clinton Community College, Plattsburgh International Airport, and the Air Force base enhances its investment appeal. The asking price is $1,559,000, representing an attractive 8% cap rate. This is a rare chance to acquire a multi-tenant retail and industrial property in a thriving New York location. The property's features, location, and strong leasehold make it an ideal addition to any investment portfolio. The property's APN is 207.17-2-10.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Plattsburgh
    County
    Clinton
    State
    New York
    Longitude
    -73.4794
    Latitude
    44.6969
    CBSA code
    38460
    CBSA name
    PLATTSBURGH, NY MICROPOLITAN STATISTICAL AREA

    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
    0
    $0.00
    $200,000
    $1,100,000
    $1,300,000
    -
    $200,000
    $1,100,000
    $1,300,000

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    Plattsburgh, NY 12901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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