59 Maple St Potsdam, NY 13676
- Gas stations
- 5,129 SF
- 0.51 lot acres
Current Use by Public Records
- Maple Street Services / Insurance Agency
Property Details for 59 Maple St
- Year built
- 1950
- Lot size
- 0.51 lot acres
- Property size
- 5,129 SF
- Property type
- Gas stations
- APN
- 407403 64.066-2-3.1
- APU
- 40740364066231
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $350,000
- 6.5%
- $320,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $255,000
- Mixed-Use
- $240,000
- Hospitality
- $315,000
- Educational
- $295,000
- Residential Income
- $325,000
- Energy
- $315,000
- Income-Based Land
- $265,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Potsdam
- County
- St. Lawrence
- State
- New York
- Longitude
- -74.9932
- Latitude
- 44.6676
- CBSA code
- 36300
- CBSA name
- OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA