Property profile

442 Saratoga Rd Glenville, NY 12302

OFF-MARKET
Investment properties
Property ID
US63-3173460
12,596 SF 1.69 ac lot Built 1930
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, situated on a generous 1.69-acre lot at 442 Saratoga Road in Glenville, NY, presents a compelling investment opportunity. The property's expansive land area offers significant potential for future development or expansion, catering to a variety of commercial and potentially residential uses, subject to local zoning regulations. The existing structure provides immediate income potential, although specific details regarding its current configuration and square footage are unavailable at this time. Given its strategic location in Glenville, the property benefits from excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving community. The asking price of $650,000 reflects the property's considerable potential and the value of its substantial land holding. Prospective buyers are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs and investment objectives. This includes, but is not limited to, verifying zoning regulations, conducting a thorough property inspection, and obtaining any necessary permits or approvals for intended uses. The property's size and location make it a rare find in the current market, offering a unique chance to acquire a significant asset with substantial upside potential. Serious inquiries only.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Total area 12,596 SF
Lot 1.69 ac (73,616 SF)
Zoning code CON
APN 422289 15.16-1-28
UPID US63-3173460

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
  • Discount Store (Bike/Boat/Book/etc) Store

Location

442 Saratoga Rd Glenville, NY 12302-5257
Glenville metro Census 32502 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$839k
Blend (final) Blend
$245k

Owner & transaction history

Zoning & alternative use

CON · Glenville, 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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