101 River St Warrensburg, NY 12885
- Industrial properties
- 5,888 SF
- 0.28 lot acres
Current Use by Public Records
- Lotus Analytics / Business To Business Service
- Lotus Group of Companies, USA / Business Administration Service
- Lotus Healthcare Staffing / Employment Agency
- TEF BRAID / Beauty Salon
Property Details for 101 River St
- Year built
- 1890
- Lot size
- 0.28 lot acres
- Property size
- 5,888 SF
- Zone code
- 01 - NOT ZONED
- Property type
- Industrial properties
- APN
- 524000 211.17-5-13.2
- APU
- 524000211175132
Description
This exceptional commercial property, located at 101 River Street in the vibrant town of Warrensburg, New York, presents a compelling investment opportunity. Situated on a sizable 0.28-acre lot, this office building offers significant potential for a variety of uses. The property's address places it in a high-traffic area, ensuring excellent visibility and accessibility for businesses. While the precise square footage is currently unavailable, the building's substantial size and layout suggest ample space for multiple offices, meeting rooms, or a combination thereof. The asking price of $721,999 reflects the property's prime location and potential for strong returns. This is an ideal opportunity for an investor seeking a well-positioned commercial property in a thriving upstate New York community. The property's location offers easy access to local amenities, transportation routes, and a strong workforce. Further due diligence is encouraged to fully assess the property's potential and to determine the precise square footage and internal layout. This is a rare opportunity to acquire a well-situated commercial building in a desirable location, offering significant potential for growth and profitability. Interested parties are encouraged to schedule a viewing to fully appreciate the property's unique attributes and investment potential. The property is being offered as-is. All information provided is deemed reliable but not guaranteed.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $230,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $275,000
- Mixed-Use
- $275,000
- Hospitality
- $245,000
- Educational
- $215,000
- Residential Income
- $205,000
- Energy
- $285,000
- Income-Based Land
- $230,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Warrensburg
- County
- Warren
- State
- New York
- Longitude
- -73.7733
- Latitude
- 43.4904
- CBSA code
- 24020
- CBSA name
- GLENS FALLS, NY METROPOLITAN STATISTICAL AREA