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    Property profile & analytics
    OFF-MARKET Estimated value $730,000
    Office buildings

    356 Kingsboro Ave, Gloversville, NY 12078-4612

    5,771 SF 5.04 ac lot Built 1989
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-1919953
    Property summary
    AI-generated overview

    This exceptional 5,711 square foot retail property, situated on a 5.04-acre lot at 356 S Kingsboro Ave, offers a prime investment opportunity. Built in 1986, this single-tenant building boasts a prominent location with a Walmart Supercenter as a shadow anchor, ensuring high visibility and foot traffic. The property features a spacious main floor of 5,771 square feet, complemented by an equally sized 5,771 square foot basement, providing ample space for a variety of uses. The zoning is designated as "M," allowing for diverse commercial applications. With 50 parking spaces available, customer and employee convenience is ensured. The property's single-story design and lack of elevators are noted. Its strategic location on Route 30A in Fulton County provides easy access and high exposure. This property is ideally suited for a bank, fast-food restaurant, bar, or high-profile specialty store, making it an attractive prospect for investors seeking a strong return on investment in a thriving commercial area. The property's size and location make it a highly desirable asset in a competitive market.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1989
    Total area 5,771 SF
    Lot 5.04 ac (219,542 SF)
    Zoning code M2
    APN 170500 149.18-6-2
    UPID US63-1919953
    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
    • Orthopedic and Wellness Center Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $668k
    Blend (final) Blend
    $730k
    Owner & transaction history
    Fulton County Regionl INC · 1 yrs held
    Fulton County Regionl INC
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    M2 · Gloversville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $725,000 +46.6%
    Restaurant $605,000 +22.3%
    Medical building $525,000 +6.3%
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