Property profile

214 County Hwy 152 Northville, NY 12134

OFF-MARKET
Motels
Property ID
US63-1236105
3,672 SF 0.35 ac lot Built 1956
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.35-acre commercial lot, located at 214 County Highway 152 Unit 214 in Northville, New York, presents a unique investment opportunity. Priced at $999,999, this property offers significant potential for a variety of commercial ventures. The expansive 0.35-acre parcel provides ample space for development, allowing for flexibility in design and construction. Its strategic location in Northville offers convenient access to local amenities and transportation routes, ensuring high visibility and accessibility for any business. The property's "Other" classification suggests a versatile zoning that may accommodate a range of commercial uses, subject to local regulations and approvals. This presents a blank canvas for entrepreneurs seeking to establish a new business or expand an existing one. Detailed site plans and zoning information are readily available upon request. Serious inquiries are encouraged to explore the possibilities this prime Northville location offers. The property is being sold as-is. Prospective buyers are responsible for conducting their own due diligence regarding zoning, permits, and any necessary site improvements. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving community. Act quickly, as opportunities like this are rare.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1956
Total area 3,672 SF
Lot 0.35 ac (15,246 SF)
Zoning code R
APN 173289 31.12-2-18
UPID US63-1236105

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
  • Hotel & Motel
  • Hotel & Motel

Location

214 County Hwy 152 Northville, NY 12134-3446
Northville metro Census 970100 GLOVERSVILLE, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2021
Last sale
$375,000
2 recorded transactions
2021
$375,000
2018
$350,000

Zoning & alternative use

R · Northville, 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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