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    289 Main St Malone, NY 12953-1771
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    Property profile & analytics

    289 Main St Malone, NY 12953-1771


    • Gas stations
    • 12,816 SF
    • 2.09 lot acres
    Off-Market
    Last Sale Aug 27, 2020
    $1,225,000
    Property ID
    US63-2067800
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,355,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CDReload - Online Bitcoin ATM / Crypto Atm / Atm
    • Stewart's Shops / Gas Station
    • Stewarts / Grocery & Convenience Store / Food Market

    Property Details for 289 Main St

    Year built
    1999
    Lot size
    2.09 lot acres
    Property size
    12,816 SF
    Zone code
    01 - NOT ZONED
    Property type
    Gas stations
    APN
    164801 112.23-2-10.200
    APU
    16480111223210200

    Description

    This exceptional 2.09-acre commercial parcel presents a rare opportunity for development in the heart of Malone, NY. Located at 289 W Main St, this expansive lot offers significant potential for a variety of commercial ventures. Its prime Main Street location ensures high visibility and accessibility, making it ideal for businesses seeking strong foot traffic and convenient access for customers. The property's size allows for ample space for construction, accommodating large-scale projects or the development of multiple smaller buildings. The absence of existing structures provides a blank canvas for a custom-designed development, tailored to specific business needs and preferences. This presents a unique chance to create a landmark commercial property in a thriving community. The property's location within Malone offers access to a robust local market and a supportive business environment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Given the size and location, this land is well-suited for a variety of uses, from retail and office spaces to restaurants and light industrial facilities. The potential for significant return on investment is substantial, making this a compelling opportunity for discerning investors and developers. Further due diligence is recommended to fully assess the development potential and zoning regulations. This is a truly exceptional opportunity to acquire a significant commercial property in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,405,000
      ML approach
      $1,385,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,547,000
      Market price range: $967k - $1.89M
    • Alternative Use

      Use
      Estimation
      SERVICE STATION (FULL SERVICE)
      $1,425,000
      Current use
      RESTAURANT
      $1,205,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Malone
    County
    Franklin
    State
    New York
    Longitude
    -74.3015
    Latitude
    44.8492
    CBSA code
    31660
    CBSA name
    MALONE, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $296,000
    $914,000
    $1,210,000
    -
    $493,333
    $1,523,334
    $2,016,667
    More about this property
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