Technical
Financial
Distress signals
Property profile

15 Raymond St Potsdam, NY 13676

OFF-MARKET
Office buildings
Property ID
US63-3804541
3,532 SF 0.14 ac lot Built 1945
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 3,532 square foot commercial building is ideally situated in the heart of Potsdam, NY, offering immediate access to ample public parking directly across the street. Completely gutted and renovated in 2012, this well-maintained property boasts a recently installed metal roof (2023), ensuring long-term durability and reduced maintenance costs. Currently occupied by a long-term tenant, this presents a secure and financially savvy investment opportunity. The building's interior features a thoughtfully designed layout including multiple offices and a comfortable waiting area, perfect for a variety of professional uses. All essential utilities are readily available, including public sewer and water, gas, and electric. The building's central location and strong tenant occupancy make this a rare find in the competitive Potsdam commercial real estate market. This is a turnkey operation, ready for a new owner to step in and enjoy the benefits of a stable, income-generating asset. The property's solid construction and recent upgrades ensure a low-maintenance and high-return investment for years to come. Don't miss this chance to acquire a prime commercial property in a thriving village setting.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1945
Total area 3,532 SF
Lot 0.14 ac (6,160 SF)
Zoning code 01 - NOT ZONED
APN 407403 64.058-4-36.2
UPID US63-3804541

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
  • Pediatrician Medical Clinic
  • Physician
  • Physician
  • Pediatrician Medical Clinic
  • Physician

Location

15 Raymond St Potsdam, NY 13676-1163
Potsdam metro Census 490900 OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
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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

Zoning & alternative use

01 - NOT ZONED · Potsdam, 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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