Property profile

1006 State Route 9H Ghent, NY 12075

FOR SALE
Turn key restaurants
Property ID
US63-3056446
10,734 SF 1.66 ac lot Built 1960
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3.66-acre commercial property presents a unique investment opportunity in the desirable Ghent, NY location. Situated at 1006 State Route 9H, Unit 1006, this expansive 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 State Route 9H 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 thriving area. The property's zoning regulations should be independently verified to ensure compatibility with intended development plans. Given the size and location, this land parcel represents a compelling investment prospect with considerable long-term growth potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $1,295,000. Further details regarding potential uses and development restrictions are available upon request. This is a truly remarkable opportunity to acquire a significant commercial land holding in a prime location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Total area 10,734 SF
Lot 1.66 ac (72,310 SF)
Zoning code 03 - MULTI-FAMILY
APN 103889 91.-1-72.3
UPID US63-3056446

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1006 State Route 9H Ghent, NY 12075
Ghent metro Census 700 HUDSON, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$741k
Blend (final) Blend
$735k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A

Zoning & alternative use

03 - MULTI-FAMILY · Ghent, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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