Property profile

160 Creamery Rd Greenville, NY 12083

FOR SALE
Turn key restaurants
Property ID
US63-3049770
5,146 SF 9.76 ac lot Built 1965
Individually Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 17.4-acre property located at 160 Creamery Road in Greenville, New York, presents a unique opportunity for a variety of uses. The expansive land offers significant potential for development, allowing for creative vision and strategic planning. The property's substantial size provides ample space for various projects, from residential construction to commercial ventures, or even a combination of both. Its location in Greenville offers a blend of tranquility and accessibility, providing a desirable setting for those seeking a peaceful environment while remaining within reach of local amenities and transportation routes. The absence of existing structures on the land allows for complete design freedom, enabling the creation of a customized development tailored to specific needs and preferences. This is a rare opportunity to acquire a significant land parcel in a desirable location, offering exceptional potential for future growth and development. The property is priced at $750,000, reflecting its size and potential. Serious inquiries are encouraged to explore the possibilities this remarkable property offers. Further details and site visits can be arranged upon request. This is a blank canvas awaiting your vision.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Total area 5,146 SF
Lot 9.76 ac (425,146 SF)
Zoning code RDA
APN 013800 163.-2-20.20
UPID US63-3049770

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
  • Restaurant

Location

160 Creamery Rd Greenville, NY 12083
Greenville metro Census 14803 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Zoning & alternative use

RDA · Greenville, 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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