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    FOR SALE
    Turn key restaurants

    1006 State Route 9H, Ghent, NY 12075

    10,734 SF 1.66 ac lot Built 1960
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US63-3056446
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Kozels INC · 8 yrs held
    Kozels INC
    since 2018
    2 recorded transactions
    2018
    1969
    Zoning & alternative use
    03 - MULTI-FAMILY · Ghent, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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