Property profile

59 Maple St Potsdam, NY 13676

FOR SALE
Gas stations
Property ID
US63-2447626
5,129 SF 0.51 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use investment opportunity in Potsdam, NY, presents two adjacent parcels totaling 1.51 acres with significant road frontage on Maple Street and Sandstone Drive. The properties boast a combined estimated daily traffic count exceeding 15,000 vehicles, ensuring high visibility for any commercial venture. The strategic location near Clarkson and Potsdam Universities makes this an ideal site for a variety of businesses. Property A, located at 59 & 61 Maple Street, comprises a 5,129 square foot former service station on a 0.51-acre lot (tax parcel 64.066-2-3.1). This parcel offers 132 feet of frontage on Maple Street and 157 feet on Sandstone Drive. Property B, situated at 53 Maple Street, features a 2,400 square foot retail building on a 1.00-acre lot (tax parcel 64.066-2-4), providing 135 feet of Maple Street frontage and 173 feet on Sandstone Drive. The combined tax amount for both parcels is available upon request. The high traffic volume and proximity to universities make this property suitable for retail businesses, restaurants, drug stores, or a small strip mall. This is a rare opportunity to acquire a substantial commercial property in a high-demand area. No value has been assigned to the existing structures. The asking price for this exceptional property is $1,500,000.

Property profile

Verified
Property type Gas stations
Use group GAS STATION
Year built 1950
Total area 5,129 SF
Lot 0.51 ac (22,216 SF)
APN 407403 64.066-2-3.1
UPID US63-2447626

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
  • Insurance Agency

Location

59 Maple St Potsdam, NY 13676
Potsdam metro Census 491000 OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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