Property profile

219 Water St Elizabethtown, NY 12932

OFF-MARKET
Investment properties
Property ID
US63-3011146
1,176 SF 0.27 ac lot Built 1995
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, situated at 219 Water Street in Elizabethtown, New York, presents a unique investment opportunity. The 0.48-acre lot offers significant potential for a variety of uses, given its prime location and existing building. The property is listed at $220,000, representing a compelling entry point into the Elizabethtown market. While the precise square footage of the building is currently unavailable, its mixed-use nature suggests a range of possibilities for both commercial and residential applications. The property's location on Water Street provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic location. Further investigation into the building's current configuration and zoning regulations is encouraged to fully explore the development potential. This property is ideal for an investor seeking a hands-on project with significant upside potential or a developer looking to capitalize on the growing Elizabethtown market. The substantial lot size also allows for future expansion or redevelopment, subject to local planning approvals. Serious inquiries are welcome. Don't miss this chance to acquire a valuable piece of Elizabethtown real estate.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1995
Total area 1,176 SF
Lot 0.27 ac (11,761 SF)
Zoning code 05 - COMMERCIAL
APN 152400 55.84-1-15.161
UPID US63-3011146

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

219 Water St Elizabethtown, NY 12932
Elizabethtown metro Census 960901
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Elizabethtown, 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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