Property profile

15 Rte 236 Halfmoon, NY 12065

OFF-MARKET
Strip malls
Property ID
US63-2015839
6,930 SF 1.01 ac lot Built 1988
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.01-acre commercial lot presents a unique investment opportunity in the thriving Halfmoon, NY market. Located at 15 Route 236 Unit 15, this property offers significant potential for a variety of commercial ventures. The expansive lot provides ample space for new construction, allowing for flexible design and development to suit individual business needs. Its strategic location on Route 236 ensures high visibility and convenient access for customers and employees. The property's zoning classification (not specified in provided data) should be verified with the local municipality to determine permitted uses. Given its size and prime location, this parcel is well-suited for a range of commercial applications, from retail establishments and office spaces to light industrial uses. The asking price of $75,000 represents a compelling entry point into the Halfmoon commercial real estate market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further due diligence, including a thorough site inspection and review of relevant zoning regulations, is recommended before any purchase decision. This property is being offered as-is.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Total area 6,930 SF
Lot 1.01 ac (43,996 SF)
Zoning code 05 - COMMERCIAL
APN 413800 278.4-1-21
UPID US63-2015839

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15 Rte 236 Halfmoon, NY 12065-6585
Halfmoon metro Census 62408 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2013
1 recorded transaction
2013
$500,000

Zoning & alternative use

05 - COMMERCIAL · Halfmoon, 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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