1 Stewart St Dolgeville, NY 13329
Property Lookup
Property profile & analytics
1 Stewart St Dolgeville, NY 13329
- Super regional malls
- 9,120 SF
- 0.64 lot acres
Property ID
US63-6239541
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.
Location Intelligence
Current Use by Public Records
- Dollar General / Discount Store
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- FedEx OnSite / Postal Service / Courier Service
- Western Union / Bank / Credit Union
- MoneyGram / Bank / Credit Union
Property Details for 1 Stewart St
- Year built
- 2007
- Lot size
- 0.64 lot acres
- Property size
- 9,120 SF
- Zone code
- CN
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 213601 108.59-2-25
- APU
- 21360110859225
Description
This exceptional investment opportunity presents a 9,000 square foot Dollar General storefront located at 1 Stewart St, Dolgeville, NY 13329. Built in 2007 on a 0.64-acre lot, this property boasts a strong 7.50% cap rate and a substantial NOI of $71,040. The current lease, a Net Net (NN) agreement, has 5 years remaining on a 10-year term, with a further 4.7 years remaining due to an early lease extension by the tenant. This extension underscores Dollar General's long-term commitment to this location. The lease includes 10% increases in option periods. The property benefits from a high occupancy rate of 100% and is situated in a desirable area with an average household income of approximately $74,000 within a 3-mile radius. Dollar General, a tenant with an investment-grade credit rating of bbb (S&P), has demonstrated consistent growth, reporting 34 consecutive quarters of sales increases. Its e-commerce presence and recession-resistant business model provide significant long-term stability, particularly attractive in a potentially softening market. Dollar General's extensive network of over 20,000 locations and ongoing expansion plans further solidify this investment's potential. The asking price for this prime retail property is $947,000. This is a rare opportunity to acquire a high-performing, stable investment with a blue-chip tenant in a strong market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,020,000
- ML approach
- $1,030,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $960,000
- COMMERCIAL (GENERAL)
- $880,000
- AUTO REPAIR, GARAGE
- $820,000
- WAREHOUSE, STORAGE
- $620,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dolgeville
- County
- Herkimer
- State
- New York
- Longitude
- -74.7811
- Latitude
- 43.0939
- CBSA code
- 46540
- CBSA name
- UTICA-ROME, NY METROPOLITAN 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
2020
$12,779
$15,000
$210,000
$225,000
-
$26,786
$375,000
$401,786
