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    OFF-MARKET
    Golf courses & driving ranges

    301 Kingsboro Ave, Gloversville, NY 12078-1153

    2,040 SF 68.1 ac lot Built 1930
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US63-0073402
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 70-acre mixed-use property located at 301 N Kingsboro Ave Unit 301, Gloversville, NY. The property is listed at $425,000 and offers significant potential for a variety of uses due to its expansive size and strategic location within Gloversville. While the precise square footage of the building is currently unavailable, the substantial 70-acre lot provides ample space for development and expansion. The mixed-use designation allows for flexibility in terms of potential tenants and business ventures. This presents a unique chance to acquire a large parcel of land in a growing area, ideal for entrepreneurs and investors seeking a substantial footprint for their projects. The property's location in Gloversville offers access to local amenities, transportation routes, and a diverse community. Further due diligence is recommended to fully assess the development potential and zoning regulations applicable to this property. Serious inquiries are encouraged to explore the possibilities this significant landholding offers. The asking price reflects the considerable potential inherent in this substantial acreage. This is a rare opportunity to acquire a large tract of land in a desirable location, ready for its next chapter. Interested parties should conduct their own independent investigation into the property's zoning, utilities, and potential uses.

    Property profile
    Verified
    Property type Golf courses & driving ranges
    Use group GOLF COURSE
    Year built 1930
    Total area 2,040 SF
    Lot 68.1 ac (2,966,436 SF)
    Zoning code R1
    APN 172800 134.-1-26
    UPID US63-0073402
    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
    Current use
    Occupant on record · Public records
    • Kingsboro Golf Course Golf Course
    • The Pines Restaurant and Events Restaurant
    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
    Global Properties Ny LLC · 10 yrs held
    Global Properties Ny LLC
    since 2015
    2 recorded transactions
    2015
    $200,000
    2011
    Zoning & alternative use
    R1 · Gloversville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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