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    Property profile & analytics
    OFF-MARKET Estimated value $645,000
    Investment properties

    11 Riv Rd, Glenmont, NY 12077-4709

    8,169 SF 5.9 ac lot Built 1973
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US63-0923046
    Property summary
    AI-generated overview

    This exceptional commercial property located at 11 River Rd, Glenmont, NY, presents a unique opportunity for businesses seeking a substantial presence in a desirable location. The property encompasses a generous 5.9 acres of land, offering significant potential for expansion, development, or ample parking. The existing office building presents a solid foundation for immediate occupancy or redevelopment, allowing for customization to suit specific business needs. The property's address on River Road provides excellent visibility and accessibility, ensuring convenient access for employees and clients alike. The expansive acreage offers flexibility for future growth and development, allowing for the addition of further buildings or the creation of outdoor amenities. Given the size of the land parcel and the strategic location in Glenmont, NY, this property represents a rare investment opportunity with considerable upside potential. The absence of a listed square footage allows for a flexible approach to development and utilization, catering to a wide range of business requirements. Serious inquiries are encouraged to explore the possibilities this property offers. The property is being offered at a price to be determined, reflecting the unique characteristics and potential of this significant land holding. Interested parties should contact the listing agent for further details and to schedule a viewing.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1973
    Total area 8,169 SF
    Lot 5.9 ac (257,004 SF)
    Zoning code RLI
    APN 012200 87.03-2-9
    UPID US63-0923046
    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
    Current use
    Occupant on record · Public records
    • Pyramid Network Services, LLC Business Management Consultant Telecommunications Contractor
    • Corning Hill Storage Storage Facility
    • Port Storage Solutions, LLC Storage Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $470k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $878k
    Blend (final) Blend
    $645k
    Owner & transaction history
    Port Storage Solutions LLC · 3 yrs held
    Port Storage Solutions LLC
    since 2023
    Last sale
    $652,000
    3 recorded transactions
    2023
    $260,000
    2017
    2010
    $200,000
    Zoning & alternative use
    RLI · Glenmont, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $890,000 +44.3%
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