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    OFF-MARKET
    Gas stations

    215 Troy Schenectady Rd, Latham, NY 12110-3414

    2,304 SF 0.6 ac lot Built 1997
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US63-2877052
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 215 Troy Schenectady Road in Latham, New York, presents a unique investment opportunity. Situated on a sizable 0.6-acre lot, the property offers significant potential for a variety of commercial ventures. The existing structure's square footage is currently unavailable, allowing for flexible redevelopment or adaptive reuse plans. The property's strategic location in Latham provides excellent visibility and accessibility, with convenient access to major transportation routes. This makes it an ideal location for businesses seeking high traffic and convenient access for customers and employees. The property's versatility allows for a wide range of uses, from retail and office space to light industrial or service-oriented businesses. Given the size of the lot and the property's location, there is potential for expansion or the addition of new structures. This presents an opportunity for significant return on investment through either immediate occupancy or strategic redevelopment. The absence of existing building square footage information allows for creative planning and customization to suit a wide range of business needs. Serious inquiries are encouraged to explore the possibilities this prime Latham location offers. Further details regarding zoning and permitted uses are available upon request. This is a rare opportunity to acquire a substantial property in a thriving commercial area.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION WITH FOOD MART
    Year built 1997
    Total area 2,304 SF
    Lot 0.6 ac (26,136 SF)
    Zoning code 12
    APN 012689 31.8-5-18
    UPID US63-2877052
    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
    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
    Grand Corning LLC · 2 yrs held
    Grand Corning LLC
    since 2023
    Last sale
    $400,000
    1 recorded transaction
    2023
    $400,000
    Zoning & alternative use
    12 · Latham, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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