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    OFF-MARKET
    Warehouses

    15 Mckinley Pl, Gloversville, NY 12078-1511

    10,368 SF 0.85 ac lot Built 1903
    Individually Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-6015020
    Property summary
    AI-generated overview

    This exceptional commercial property presents a unique investment opportunity in the vibrant city of Gloversville, New York. Located at 15 McKinley Place, this one-acre lot offers significant potential for a variety of commercial ventures. The property's size provides ample space for development, allowing for flexibility in design and functionality. Its strategic location within Gloversville ensures high visibility and accessibility, making it an ideal site for businesses seeking a strong presence in the community. The asking price of $49,900 represents an attractive entry point into the Gloversville commercial real estate market, offering a compelling return on investment for discerning buyers. The property's zoning classification should be verified independently to ensure compatibility with intended use. Given its size and location, this parcel is well-suited for a range of commercial developments, from small retail spaces to larger-scale projects. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The absence of existing structures on the lot provides a blank canvas for creative development, allowing for complete customization to meet specific business needs. This presents a rare chance to build a property tailored to your exact specifications, maximizing efficiency and profitability. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving New York community. Further due diligence is recommended to confirm all property details and zoning regulations.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1903
    Total area 10,368 SF
    Lot 0.85 ac (36,960 SF)
    Zoning code R1
    APN 170500 134.14-10-4.2
    UPID US63-6015020
    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
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    Owner & transaction history
    CHI LI JUN
    CHI LI JUN
    Zoning & alternative use
    R1 · Gloversville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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