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10693 Us Route 11 Adams, NY 13605

Office buildings Google Maps
2,734 SF 1.55 ac lot Built 1990
Individually Owned 8-yr Hold Free & Clear
Estimated value (blended)
$235k
Range $212k – $259k (±10%)
Property ID US63-3669856

Property summary

AI-generated overview

This exceptional 5,468 square foot commercial office building is strategically located at 10693 US Route 11 in Adams, NY. Boasting a prominent position on a high-traffic thoroughfare, this property offers unparalleled visibility and accessibility for any business. The 1.55-acre lot provides ample parking for customers and employees. The interior layout is spacious and versatile, making it ideal for a variety of uses, including retail, office space, or a combination of both. The building features modern amenities and presents significant potential for customization to perfectly match your business's specific requirements. This is a unique opportunity to establish or expand your business in a thriving area with strong growth prospects. The asking price for this prime commercial real estate is $500,000. Its location on US Route 11 ensures maximum exposure to a large customer base, driving significant potential for success. The property's size and adaptability make it a highly attractive investment for entrepreneurs and established businesses alike. Don't miss this chance to secure a prominent location in a dynamic and growing market.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1990
Total area 2,734 SF
Lot 1.55 ac (67,518 SF)
APN 222089 108.17-1-95.2
UPID US63-3669856

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2004
$290,000

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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