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Property profile & analytics
FOR SALE
Bars & Pubs

836 State Highway 29 Broadalbin, NY 12025

7,696 SF 1.09 ac lot Built 1970
Entity Owned 11-yr Hold Free & Clear
Property ID
US63-5479599
Property summary
AI-generated overview

This exceptional 1.09-acre commercial lot, located at 836 State Highway 29 Unit 836 in Broadalbin, New York, presents a unique investment opportunity. The property's strategic location on State Highway 29 ensures high visibility and accessibility, making it perfect for a variety of commercial ventures. The expansive 1.09-acre parcel offers ample space for development, allowing for significant flexibility in design and construction. The absence of existing structures provides a blank canvas for creating a bespoke commercial property tailored to specific business needs. This prime location in Broadalbin offers a strong foundation for establishing a thriving business, benefiting from the area's existing infrastructure and potential for growth. The property is priced competitively at $394,900, representing an attractive entry point into the Broadalbin commercial real estate market. Serious inquiries are encouraged to explore the possibilities this exceptional lot presents. Detailed site surveys and zoning information are readily available upon request. Don't miss this chance to acquire a highly visible and versatile commercial property in a desirable location. Act quickly, as opportunities like this are rare.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1970
Total area 7,696 SF
Lot 1.09 ac (47,480 SF)
Zoning code 05 - COMMERCIAL
APN 172289 138.3-1-2
UPID US63-5479599
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
LLC Guttenberg Landholding · 11 yrs held
LLC Guttenberg Landholding
since 2015
2 recorded transactions
2015
$180,000
2007
$125,000
Zoning & alternative use
05 - COMMERCIAL · Broadalbin, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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