1814 State St Schenectady, NY 12304-2032
- Automotive properties
- 2,360 SF
- 0.51 lot acres
Current Use by Public Records
- Gujjar Auto Plaza / Used Car Dealer
- Run & Tell Auto Sales / Used Car Dealer / Car Dealer
Property Details for 1814 State St
- Year built
- 1978
- Lot size
- 0.51 lot acres
- Property size
- 2,360 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Automotive properties
- APN
- 421500 60.47-1-1.2
- APU
- 4215006047112
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $180,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $190,000
- Mixed-Use
- $170,000
- Hospitality
- $160,000
- Educational
- $200,000
- Residential Income
- $155,000
- Energy
- $175,000
- Income-Based Land
- $170,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.904
- Latitude
- 42.7798
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
