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    FOR SALE
    Auto shops

    511 N Perry St, Johnstown, NY 12095

    34,370 SF 2.1 ac lot Built 1949
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US63-1490823
    Property summary
    AI-generated overview

    This exceptional 2.1-acre commercial property, located at 511 N Perry St Unit 511 in Johnstown, New York, presents a significant development opportunity. Priced at $3,350,000, this expansive parcel offers substantial potential for a variety of commercial ventures. The property's generous size allows for ample space to accommodate large-scale projects, providing flexibility for diverse development plans. Its strategic location within Johnstown offers excellent visibility and accessibility, ensuring convenient access for potential customers and employees. The property's zoning regulations should be independently verified to ensure compatibility with intended development plans. This is a rare opportunity to acquire a substantial land holding in a desirable location, ideal for businesses seeking to establish a strong presence in the Johnstown market. Serious inquiries are encouraged to explore the possibilities this unique property offers. Detailed site plans and surveys are available upon request. The property is being sold "as is," and prospective buyers are advised to conduct their own due diligence. This includes, but is not limited to, environmental assessments, title searches, and zoning verification. Don't miss this chance to secure a prime piece of commercial real estate in a growing market. Contact us today to schedule a viewing and begin exploring the potential of this remarkable property.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1949
    Total area 34,370 SF
    Lot 2.1 ac (91,476 SF)
    Zoning code 06 - INDUSTRIAL
    APN 170800 148.20-2-16
    UPID US63-1490823
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $935k
    Owner & transaction history
    4 X Heaven INC · 6 yrs held
    4 X Heaven INC
    since 2019
    1 recorded transaction
    2019
    $177,000
    Zoning & alternative use
    06 - INDUSTRIAL · Johnstown, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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