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Property profile & analytics
FOR SALE
Golf courses & driving ranges

280 Main St Gloversville, NY 12078-4205

5,940 SF 155.5 ac lot Built 1950
Individually Owned 11-yr Hold Free & Clear
Property ID
US63-5468683
No photos on file
For Sale
Contact for pricing 5,940 SF
280 Main St, Gloversville, NY 12078-4205
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Property summary
AI-generated overview

This exceptional mixed-use property, located at 280 S Main St in Gloversville, NY, presents a significant investment opportunity spanning a substantial 154.3 acres. The property's expansive size offers considerable potential for a variety of development projects, catering to diverse commercial and potentially residential uses. Its strategic location on Main Street provides excellent visibility and accessibility, ensuring high traffic flow and convenient access for potential customers and tenants. The asking price of $1,650,000 reflects the significant land area and the potential for substantial returns on investment. Detailed site plans and zoning information are available upon request, allowing prospective buyers to thoroughly assess the property's suitability for their specific development plans. Given the substantial acreage, this property is ideal for large-scale projects requiring ample space. The property's location in Gloversville, NY, offers access to a range of local amenities and services, further enhancing its appeal. Serious inquiries are encouraged to explore the full potential of this remarkable mixed-use property and its considerable development possibilities. This is a rare opportunity to acquire a large parcel of land in a desirable location, offering significant long-term investment potential. Further due diligence is recommended to fully understand the property's zoning regulations and development potential. Contact us today to schedule a viewing and begin exploring the possibilities.

Property profile
Verified
Property type Golf courses & driving ranges
Use group GOLF COURSE
Year built 1950
Total area 5,940 SF
Lot 155.5 ac (6,773,580 SF)
Zoning code R1
APN 170500 149.9-1-1.11
UPID US63-5468683
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
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k
Owner & transaction history
By John Antonucci, Antonucci Wholes · 11 yrs held
By John Antonucci, Antonucci Wholes
since 2014
2 recorded transactions
2014
$1,000
2014
$200,000
Zoning & alternative use
R1 · Gloversville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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