Technical
Financial
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Property profile

145 12th Market St Potsdam, NY 13676

OFF-MARKET
Strip malls
Property ID
US63-2171707
15,400 SF 0.43 ac lot Built 1980
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 10,600 square foot commercial space, formerly occupied by a Family Dollar, is available for lease within the thriving Seacomm Plaza in Potsdam, NY. Located in a bustling shopping center with full occupancy, this Class A property boasts high visibility and consistent foot traffic. The space is ideal for a variety of uses, including retail, office, or service businesses, and the owner is open to subdividing the space. The building features a 14-foot ceiling height and ample parking (50+ spaces) for customers and employees. Situated in a prime commercial district near SUNY Potsdam and Clarkson University, this location benefits from a large and diverse population base. The property sits on 5.6 acres of land and is zoned commercial. Built in 1980, the entire building comprises 46,488 square feet across 11 suites, with a minimum divisible space of 10,600 square feet and a maximum contiguous space of 10,600 square feet. Property taxes are $1.36 per square foot. While there are no elevators, the location's high traffic and proximity to major universities make this a truly exceptional opportunity. The property is conveniently located near the intersection of Sisson Street and offers excellent visibility and accessibility. This is a rare opportunity to secure prime commercial space in one of Potsdam's most desirable locations.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Total area 15,400 SF
Lot 0.43 ac (18,700 SF)
APN 407403 64.042-2-12.2
UPID US63-2171707

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
  • Home Decor Store Department Store
  • Nail Salon
  • Hair Salon Nail Salon
  • Discount Store
  • Recycling Center Waste Management Facility

Location

145 12th Market St Potsdam, NY 13676
Potsdam metro Census 490900 OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

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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