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Property profile & analytics
OFF-MARKET Estimated value $280,000
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
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k
Owner & transaction history
Global Properties Ny LLC · 10 yrs held
Global Properties Ny LLC
since 2015
2 recorded transactions
2015
$200,000
2011
Price N/A
Zoning & alternative use
R1 · Gloversville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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