Property profile

328 Cornelia St Plattsburgh, NY 12901

FOR SALE
Grocery and convenience stores
Property ID
US63-3518724
19,600 SF 14.23 ac lot Built 2008
Entity Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 11-acre commercial land parcel presents a unique investment opportunity in Plattsburgh, New York. Located at 328 Cornelia Street, this property offers significant potential for various commercial ventures. The land is conveniently situated behind an Aldi grocery store, suggesting high visibility and accessibility. The asking price for this expansive lot is $650,000, translating to a land value of $1.36 per square foot. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the development potential. Given its size and strategic location, this property is well-suited for a range of commercial uses, from retail and warehousing to light industrial development. The property's address is 328 Cornelia St, Plattsburgh, NY 12901, within Clinton County. Interested parties are encouraged to conduct their own due diligence to determine the suitability of the land for their specific project. This is a rare opportunity to acquire a substantial commercial land holding in a growing market. The property's location offers excellent visibility and access to major transportation routes, making it an attractive proposition for businesses seeking a strategic location in the Plattsburgh area. The 11-acre size provides ample space for large-scale development projects.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2008
Total area 19,600 SF
Lot 14.23 ac (619,859 SF)
Zoning code 12
APN 091300 207.17-1-1
UPID US63-3518724

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
  • Specialty Food Shop Supermarket

Location

328 Cornelia St Plattsburgh, NY 12901
Plattsburgh metro Census 101000 PLATTSBURGH, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$590k

Owner & transaction history

since 2004
1 recorded transaction
2004
$600,000

Zoning & alternative use

12 · Plattsburgh, 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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