3098 Guilderland AveRotterdam, NY 12306

Property Details for 3098 Guilderland Ave

Year built

1960

Lot size

0.25 AC

Property size (Sq ft)

2,064 SF

Zone code

B-1

Property type

Drive through restaurants

APN

422800 58.12-5-5.1

APU

4228005812551

Description

This exceptional commercial property at 3098 Guilderland Avenue in Rotterdam, New York, presents a unique investment opportunity. Priced at $299,000, this 2,064 square foot retail space sits on a desirable 5,663 square foot corner lot, offering excellent visibility and ample parking. The property's location in the heart of Rotterdam ensures high traffic and exposure to a substantial customer base. Ideal for a restaurant or similar business, this property is ready for immediate occupancy. The building's size and layout provide flexibility for various commercial uses. The property is zoned for commercial use within Schenectady County, New York, zip code 12306. Its prime location and substantial lot size make it an attractive option for entrepreneurs and established businesses alike. This is a rare opportunity to acquire a well-situated commercial property in a thriving area. The property's features make it an excellent choice for those seeking a high-traffic location with ample parking and visibility. Don't miss this chance to secure a prime commercial space in a bustling community.

• CAP approach

  CAP return

  Valuation

  6%

  $753,712

  6.5%

  $695,735

  7%

  $646,039

• Comparable approach

  Method

  Valuation

  Relative Method

  $684,167

  Geo Method

  $679,599

• Alternative Use

  Use

  Valuation

  Residential

  $586,878

  Hospitality

  $537,577

  Educational

  $447,258

  Medical

  $462,640

  Retail

  $695,735

Location Insight

City

Schenectady

County

Schenectady

State

New York

Latitude

42.7789

Longitude

-73.9719

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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