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83-101 Heath Rd Corinth, NY 12822

Industrial properties Google Maps
14.91 ac lot
Individually Owned 13-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$315k
Range $284k – $347k (±10%)
Property ID US63-4328586

Property summary

AI-generated overview

This exceptional 15-acre parcel presents a prime development opportunity within the Alpine Business Park in Corinth, New York. Located at 83 Heath Rd, Corinth, NY 12822 (APN 86.-2-54.1), this industrially zoned land boasts highly developable, prime soils, making it ideal for a variety of industrial projects. The property offers the advantage of private water and sewer access, simplifying infrastructure development. This offering represents a portion of a larger assemblage of approximately 200 acres, with additional lots available (see other listings). Detailed site plans and a comprehensive SEDC development study are readily available for review, providing valuable insights into the potential of this location. The property is situated in Saratoga County, New York, offering convenient access to regional transportation networks. This is a rare opportunity to acquire a significant landholding in a thriving industrial area, allowing for the development of a substantial industrial facility or the creation of a multi-tenant industrial park. The asking price for this 15-acre parcel is $800,000, with ownership transferring at closing. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 14.91 ac (649,480 SF)
Zoning code I
APN 412689 86.-2-54.1
UPID US63-4328586

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2012
1 recorded transaction
2012
$210,000

Zoning & alternative use

I · Corinth, 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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