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Property profile

11051 State Route 9W Coxsackie, NY 12051

Drive through restaurants
Property ID
US63-4121976
View Sample
1,344 SF 2.07 ac lot Built 1992
Entity Owned 7-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional 1,344 square foot commercial property, situated on a generous 2.07-acre lot at 11051 State Route 9w in Coxsackie, NY, presents a unique investment opportunity. The property's current configuration includes a well-maintained shop, complete with all equipment associated with an existing ice cream business and a mini-golf course, also with all equipment included in the sale. Its strategic location offers unparalleled convenience, being just minutes away from local amenities, schools, and major transportation arteries. The proximity to the New York State Thruway ensures effortless access for both customers and employees. This established business has enjoyed a long history as a community fixture, providing a strong foundation for continued success under new ownership. The substantial lot size offers ample space for expansion or future development, catering to a wide range of business ventures. The sale includes all existing equipment, minimizing the initial investment required to commence operations. This turnkey opportunity is ideal for entrepreneurs seeking a ready-made business with significant growth potential in a thriving community. The property's established presence and prime location combine to create a compelling investment proposition. Serious inquiries are encouraged.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1992
Total area 1,344 SF
Lot 2.07 ac (90,169 SF)
Zoning code 05 - COMMERCIAL
APN 192889 70.00-4-4.1
UPID US63-4121976

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2018
2 recorded transactions
2018
$240,000
2017
$180,000

Zoning & alternative use

05 - COMMERCIAL · Coxsackie, 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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More about this property
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