Property profile

3098 Guilderland Ave Rotterdam, NY 12306

FOR SALE
Drive through restaurants
Property ID
US63-6271516
2,064 SF 0.25 ac lot Built 1960
Individually Owned 6-yr Hold Free & Clear
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For Sale
Contact for pricing 2,064 SF
3098 Guilderland Ave, Rotterdam, NY 12306
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Property summary

AI-generated overview

This exceptional commercial property at 3098 Guilderland Avenue in Rotterdam, New York, presents a unique investment opportunity. Priced at $299,000, this 2,064 square foot retail space sits on a desirable 5,663 square foot corner lot, offering excellent visibility and ample parking. The property's location in the heart of Rotterdam ensures high traffic and exposure to a substantial customer base. Ideal for a restaurant or similar business, this property is ready for immediate occupancy. The building's size and layout provide flexibility for various commercial uses. The property is zoned for commercial use within Schenectady County, New York, zip code 12306. Its prime location and substantial lot size make it an attractive option for entrepreneurs and established businesses alike. This is a rare opportunity to acquire a well-situated commercial property in a thriving area. The property's features make it an excellent choice for those seeking a high-traffic location with ample parking and visibility. Don't miss this chance to secure a prime commercial space in a bustling community.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1960
Total area 2,064 SF
Lot 0.25 ac (10,890 SF)
Zoning code B-1
APN 422800 58.12-5-5.1
UPID US63-6271516

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
  • Restaurant

Location

3098 Guilderland Ave Rotterdam, NY 12306
Rotterdam metro Census 33004 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2019
3 recorded transactions
2019
$139,000
2017
Price N/A
2005
$225,000

Zoning & alternative use

B-1 · Schenectady, 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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