16 Scott St Jamestown, NY 14701
- Industrial properties
- 20,816 SF
- 0.18 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 16 Scott St
- Year built
- 1930
- Lot size
- 0.18 lot acres
- Property size
- 20,816 SF
- Property type
- Industrial properties
- APN
- 060800 387.08-2-47
- APU
- 6080038708247
Description
This exceptional commercial property, located at 16 Scott Street in Jamestown, New York, presents a compelling investment opportunity. Boasting a substantial 20,816 square feet of space, this general commercial building sits on a conveniently sized 0.18-acre lot, offering ample room for a variety of business ventures. The asking price of $79,900 makes this a highly attractive proposition for entrepreneurs and investors seeking a foothold in the Jamestown market. The property's significant square footage allows for flexible configurations, accommodating diverse business needs. Its location in Jamestown provides access to a established local market and potential customer base. The size of the lot offers potential for expansion or outdoor use, depending on the specific business requirements. This property is being offered as-is, and interested parties are encouraged to conduct their own due diligence to assess its suitability for their intended use. Given the combination of size, location, and price, this commercial building represents a rare opportunity to acquire a significant asset in a desirable location at an exceptionally competitive price point. Serious inquiries are welcome.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $385,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $325,000
- Mixed-Use
- $360,000
- Hospitality
- $395,000
- Educational
- $340,000
- Residential Income
- $435,000
- Energy
- $325,000
- Income-Based Land
- $400,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Jamestown
- County
- Chautauqua
- State
- New York
- Longitude
- -79.2288
- Latitude
- 42.0992
- CBSA code
- 27460
- CBSA name
- JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA