1275 State Rte 990v Gilboa, NY 12076-2821
This exceptional retail property, located at 1275 State Route 990v Unit 1275 in Gilboa, New York, presents a significant investment opportunity. The property boasts a substantial 5.69-acre lot, offering ample space for expansion, development, or additional parking. The current building's square footage is not specified, providing flexibility for a variety of retail uses. Its strategic location on State Route 990v ensures high visibility and accessibility for potential customers. The asking price for this prime retail space is $1,600,000. This represents a compelling opportunity to acquire a well-situated property in a growing market. The expansive lot size allows for significant potential for future development or expansion of existing structures. The property's location on a major state route guarantees excellent exposure to a large volume of traffic, making it an ideal location for a variety of retail businesses. Given the size of the lot and the strategic location, this property is well-suited for a range of retail ventures, from small businesses to larger-scale operations. The substantial acreage provides ample room for parking, outdoor displays, or even the addition of complementary structures. Serious inquiries are encouraged to explore the full potential of this exceptional retail investment. The property is offered at a competitive price, making it an attractive proposition for discerning investors seeking a strong return on investment. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.