Property profile

39 Voorheesville Ave Voorheesville, NY 12186

OFF-MARKET
Turn key restaurants
Property ID
US63-6233380
1,553 SF 0.4 ac lot Built 1980
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 39 Voorheesville Avenue in Voorheesville, New York, presents a unique investment opportunity. Situated on a sizable 0.4-acre lot, this property offers significant potential for a variety of retail businesses. The building itself is ready for immediate occupancy, allowing for a swift start to operations. Its prime location ensures high visibility and accessibility, attracting a substantial customer base. The property's size and layout provide ample space for a diverse range of retail ventures, from small boutiques to larger-scale operations. The asking price of $499,000 represents a compelling value in the current market, considering the property's location, size, and potential. This is an ideal opportunity for an entrepreneur seeking a well-positioned retail space in a thriving community. The property's strategic placement within Voorheesville guarantees convenient access for customers and employees alike. Serious inquiries are encouraged to explore the full potential of this remarkable retail property and its significant upside. Further details regarding the property's specifications are available upon request. Don't miss this chance to secure a prime retail location in a desirable area.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 1,553 SF
Lot 0.4 ac (17,424 SF)
Zoning code V5
APN 013401 72.7-4-1
UPID US63-6233380

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

Location

39 Voorheesville Ave Voorheesville, NY 12186-9311
Voorheesville metro Census 14503 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN 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
$225k

Owner & transaction history

since 2018
1 recorded transaction
2018
$125,000

Zoning & alternative use

V5 · Voorheesville, 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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