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    OFF-MARKET
    Motels

    214 County Hwy 152, Northville, NY 12134-3446

    3,672 SF 0.35 ac lot Built 1956
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US63-1236105
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Great Gatsby Motel Inn - Northville Hotel Great Sacandaga Lake Adirondack Hotel & Motel
    • Great Gatsby Motel Inn Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Great Gatsby Motel I Corp · 4 yrs held
    Great Gatsby Motel I Corp
    since 2021
    Last sale
    $375,000
    2 recorded transactions
    2021
    $375,000
    2018
    $350,000
    Zoning & alternative use
    R · Northville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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