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    FOR SALE
    Grocery and convenience stores

    328 Cornelia St, Plattsburgh, NY 12901

    19,600 SF 14.23 ac lot Built 2008
    Entity Owned 21-yr Hold Free & Clear
    Property ID
    US63-3518724
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ALDI Specialty Food Shop Supermarket
    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
    Aldi INC · 21 yrs held
    Aldi INC
    since 2004
    1 recorded transaction
    2004
    $600,000
    Zoning & alternative use
    12 · Plattsburgh, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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