Property profile

4 Hemphill Pl Malta, NY 12020

OFF-MARKET
Strip malls
Property ID
US63-2239040
7,340 SF 1.32 ac lot Built 1989
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Total area 7,340 SF
Lot 1.32 ac (57,499 SF)
Zoning code PDD
APN 414089 229.4-2-30.2
UPID US63-2239040

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
  • Dental Office
  • (Bike/Boat/Book/etc) Store
  • Dental Office

Location

4 Hemphill Pl Malta, NY 12020-4454
Malta metro Census 61907 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.17M

Owner & transaction history

since 2023
Last sale
$1.2M
1 recorded transaction
2023
$1.2M

Zoning & alternative use

PDD · Malta, NY
Zoning description

date of any planned development district (PDD) established under this article, such PDD shall be deemed null and void, and the zoning of these lands shall revert to their zoning classification existing immediately prior…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Commercial (general) $865,000 +406.0%
Restaurant $835,000 +388.9%

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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