Property profile

7 Pne St Gloversville, NY 12078

OFF-MARKET
Commercial land
Property ID
US63-1833261
500 SF 0.06 ac lot Built 1985
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 13,300 dollar commercial land parcel presents a unique investment opportunity in the thriving city of Gloversville, New York. Located at 7 E Pine Street, this property boasts a highly desirable location at the corner of E Pine and S Main Street, offering excellent visibility and accessibility. The property is zoned for industrial use, providing a wide range of potential development options for businesses seeking a strategic foothold in Fulton County. The address is precisely 7 E Pine Street, Gloversville, NY 12078, with GPS coordinates of 43.046378 latitude and -74.3478647 longitude. This versatile land parcel is ready for immediate development, making it an ideal choice for entrepreneurs and investors alike. Its strategic location within Gloversville offers easy access to major transportation routes, ensuring seamless logistics for any future business operations. The asking price of $13,300 makes this an attractive proposition for those seeking a cost-effective entry point into the commercial real estate market. Don't miss this chance to acquire a prime piece of commercial land in a growing New York community. The property is classified as industrial land, offering flexibility for various industrial uses. Serious inquiries are encouraged to explore the full potential of this exceptional opportunity.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1985
Total area 500 SF
Lot 0.06 ac (2,520 SF)
Zoning code M1
APN 170500 149.10-4-2.2
UPID US63-1833261

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7 Pne St Gloversville, NY 12078-4338
Gloversville metro Census 970800 GLOVERSVILLE, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2010
Price N/A

Zoning & alternative use

M1 · Gloversville, 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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