2603 Guilderland AveRotterdam, NY 12306

  • Investment properties
  • 8,920 SF
For Sale

Property Details for 2603 Guilderland Ave

Year built
1970
Lot size
0.24 AC
Property size (Sq ft)
8,920 SF
Zone code
B-1
Property type
Investment properties
Property subtype
Retail residential properties
APN
422800 48.20-2-6
APU
422800482026

Description

This exceptional commercial property, located at 2603 Guilderland Avenue, Unit 2603, in Rotterdam, New York, presents a unique opportunity for businesses seeking a strategic location. Situated on a sizable 0.24-acre lot, this office space offers ample room for expansion or outdoor amenities. The property's address is easily accessible, providing convenient access for clients and employees. While the precise square footage is currently unavailable, the generous lot size suggests a substantial building footprint. The property is classified as an office space, making it suitable for a wide range of professional uses. The asking price is currently listed as zero, indicating a potentially negotiable sale price. Interested parties are encouraged to inquire for further details and to schedule a viewing to assess the property's full potential and determine its suitability for their specific business needs. This is a rare opportunity to acquire a well-located commercial property in a thriving area of Rotterdam, New York. The property's size and location make it an attractive investment for businesses seeking to establish or expand their operations. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,747,674
    6.5%
    $2,536,314
    7%
    $2,355,149
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,818,648
    Geo Method
    $1,806,505
  • Alternative Use

    Use
    Valuation
    Residential
    $2,536,314
    Hospitality
    $2,323,250
    Educational
    $1,932,917
    Medical
    $1,999,393
    Retail
    $3,006,760
2603 Guilderland Ave, Rotterdam, New York

Location Insight

City
Schenectady
County
Schenectady
State
New York
Latitude
42.7893
Longitude
-73.9696
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$33,200
$266,800
$300,000
-
$43,680
$351,020
$394,700

FAQs

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