336 State Route 29 Greenwich, NY 12834
- Office buildings
- 2,625 SF
- 0.91 lot acres
Current Use by Public Records
- Office buildings
Property Details for 336 State Route 29
- Year built
- 1994
- Lot size
- 0.91 lot acres
- Property size
- 2,625 SF
- Property type
- Office buildings
- APN
- 532689 235.-2-5
- APU
- 53268923525
Description
This exceptional mixed-use property, located at 336 State Route 29 Unit 336 in Greenwich, New York, presents a unique investment opportunity. Situated on a desirable 0.93-acre lot, the building offers significant potential for a variety of commercial and/or residential uses. The property's strategic location along State Route 29 ensures high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. The substantial lot size provides ample space for expansion, parking, or outdoor amenities, adding to the property's overall value and versatility. The building's current configuration and potential for redevelopment offer a blank canvas for creative entrepreneurs and investors alike. This is a rare chance to acquire a well-positioned mixed-use property in a thriving community. The asking price of $425,000 reflects the property's significant potential and presents a compelling investment opportunity for those seeking a strong return on their investment. Further due diligence is encouraged to fully explore the possibilities this property offers. The property's size and location make it an attractive prospect for a wide range of commercial ventures, from retail spaces to professional offices, or a combination thereof. The ample land provides options for future development or expansion, catering to evolving business needs. Don't miss this chance to secure a prime piece of commercial real estate in Greenwich, NY.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $355,000
- 7%
- $340,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $350,000
- Mixed-Use
- $295,000
- Hospitality
- $350,000
- Educational
- $340,000
- Residential Income
- $295,000
- Energy
- $365,000
- Income-Based Land
- $315,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Greenwich
- County
- Washington
- State
- New York
- Longitude
- -73.5446
- Latitude
- 43.0922
- CBSA code
- 24020
- CBSA name
- GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
