Property profile

232 Shr Rd Hadley, NY 12835

OFF-MARKET
Turn key restaurants
Property ID
US63-1529665
2,816 SF 0.52 ac lot Built 2009
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, situated at 232 N Shore Rd in Hadley, NY, presents a unique investment opportunity. The property encompasses a generous one-acre lot, offering significant potential for a variety of commercial and/or residential ventures. Its strategic location in Hadley provides convenient access to local amenities and transportation routes, making it an attractive proposition for businesses seeking a high-visibility presence. The existing structure, while not detailed in square footage, offers a blank canvas for creative redevelopment or adaptive reuse. The property's versatility allows for a range of possibilities, from a small retail space with attached residential quarters to a completely renovated commercial building. The asking price of $369,000 represents a compelling entry point into the Hadley market, particularly considering the substantial land area. Serious inquiries are encouraged to explore the full potential of this promising investment. The property is offered as-is. Further due diligence is recommended to fully assess the property's condition and suitability for intended use. This is a rare opportunity to acquire a significant parcel in a desirable location. Don't miss out on this chance to shape the future of this valuable asset.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2009
Total area 2,816 SF
Lot 0.52 ac (22,651 SF)
Zoning code 07 - MIXED
APN 413000 68.17-2-31
UPID US63-1529665

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
  • Restaurant

Location

232 Shr Rd Hadley, NY 12835-3406
Hadley metro Census 60504 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2024
Last sale
$225,000
5 recorded transactions
2024
$225,000
2024
Price N/A
2020
Price N/A
2016
$130,000
2006
$100,000

Zoning & alternative use

07 - MIXED · Hadley, 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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