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    OFF-MARKET
    Automotive properties

    1158 New Loudon Rd, Cohoes, NY 12047-4904

    3,474 SF 0.92 ac lot Built 1980
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US63-3454362
    Property summary
    AI-generated overview

    This exceptional mixed-use property presents a unique investment opportunity in the vibrant city of Cohoes, New York. Situated on a sizable 0.92-acre lot at 1158 New Loudon Road, Unit 1158, this property offers significant potential for a variety of uses. The exact square footage is currently unavailable, however, the generous lot size allows for considerable flexibility in development or expansion plans. The property's mixed-use designation opens doors to a range of possibilities, from retail and commercial ventures to residential adaptations or a combination thereof. Its strategic location within Cohoes provides easy access to major transportation routes, ensuring convenient connectivity for both businesses and residents. The absence of a listed price underscores the opportunity for negotiation and allows prospective buyers to submit offers based on their own market analysis and development plans. This property is being offered as-is, and interested parties are encouraged to conduct their own due diligence to fully assess its potential and suitability for their intended use. Given the size of the lot and the mixed-use zoning, this presents a rare chance to acquire a significant piece of real estate in a growing area. Serious inquiries are welcome.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1980
    Total area 3,474 SF
    Lot 0.92 ac (40,075 SF)
    Zoning code 12
    APN 012689 4.4-3-30
    UPID US63-3454362
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    31 N Lyons LLC · 3 yrs held
    31 N Lyons LLC
    since 2023
    Last sale
    $400,000
    2 recorded transactions
    2023
    $410,000
    2013
    $205,000
    Zoning & alternative use
    12 · Cohoes, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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