6570 State Highway 56, Potsdam, NY 13676
For Sale
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Invest in this exceptional 1.7-acre commercial property located at 6570 State Highway 56, Potsdam, NY. Boasting 264 feet of road frontage on the heavily traveled Route 56, this site offers unparalleled visibility and access to a high volume of traffic. The property includes a 7,054 square foot building, though it is in poor condition and its value is primarily in the land itself. This presents a unique opportunity for redevelopment, catering to a wide range of commercial ventures. The strategic location, within 12 miles of four major universities and proximate to healthcare institutions and offices, ensures high traffic exposure and convenient access for potential customers. This prime commercial real estate presents a rare chance to establish a thriving business in a bustling area of Potsdam. The substantial lot size and high visibility make this an ideal investment for entrepreneurs seeking a prominent location with significant redevelopment potential. Don't miss this chance to secure a piece of prime commercial real estate in a thriving community. The property is priced at $389,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Potsdam, NYPotsdam. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.