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Property profile

1814 State St Schenectady, NY 12304

OFF-MARKET
Automotive properties
Property ID
US63-6122491
2,360 SF 0.51 ac lot Built 1978
Entity Owned Free & Clear

Property summary

AI-generated overview

This exceptional retail property, located at 1814 State Street, Unit 1814 in Schenectady, New York, presents a unique investment opportunity. Situated on a sizable 0.51-acre lot, this property offers significant potential for a variety of retail businesses. The asking price is $749,000. The property's address is highly visible and benefits from substantial foot and vehicle traffic, ensuring excellent exposure for any tenant. The building's precise square footage is currently unavailable, however, the generous lot size allows for ample space for expansion or outdoor amenities, depending on the intended use. This prime location in Schenectady offers easy access to major transportation routes, making it convenient for both customers and employees. The property's strategic positioning within the city ensures high visibility and accessibility, making it an ideal location for a thriving retail enterprise. Given its size and location, this property represents a rare opportunity to acquire a significant retail presence in a bustling area of Schenectady. Serious inquiries are encouraged to explore the potential of this exceptional commercial property. Further details regarding the building's interior and specifications are available upon request. Don't miss this chance to secure a prominent retail space in a thriving New York market.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1978
Total area 2,360 SF
Lot 0.51 ac (22,400 SF)
Zoning code 05 - COMMERCIAL
APN 421500 60.47-1-1.2
UPID US63-6122491

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
  • Car Dealership
  • Car Dealership

Value estimations

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

Owner & transaction history

since 2026
7 recorded transactions
2026
$325,000
2024
Price N/A
2013
$200,000
2008
$66,000
2006
$215,000
2005
$195,000
1969
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Schenectady, 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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