16 Market StScotia, NY 12302

  • Warehouses
  • 1,394 SF
For Sale

Property Details for 16 Market St

Year built
1955
Lot size
0.96 AC
Property size (Sq ft)
1,394 SF
Zone code
CON
Property type
Warehouses
APN
422201 29.68-1-14
APU
4222012968114

Description

This exceptional industrial property, located at 16 Market Street, Unit 16, in Scotia, New York, presents a unique opportunity for businesses seeking a substantial land parcel. The property encompasses 0.96 acres of land, offering ample space for development or expansion. Its location in Scotia provides convenient access to major transportation routes, facilitating efficient logistics and distribution. The property is designated as industrial, making it suitable for a wide range of uses, from warehousing and manufacturing to light industrial operations. The absence of a listed square footage indicates the potential for customized building plans to perfectly match specific business needs. This presents a blank canvas for creating a tailored industrial space. Given the size of the lot and its prime location, this property is an ideal investment for businesses looking to establish a strong presence in the Scotia area. The lack of a listed price allows for flexible negotiations, making this an attractive proposition for serious buyers. Interested parties are encouraged to conduct their own due diligence to fully assess the property's potential and suitability for their intended use. This is a rare opportunity to acquire a significant industrial land parcel in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $396,370
    Hospitality
    $363,073
    Educational
    $302,072
    Medical
    $312,461
    Retail
    $469,891
16 Market St, Scotia, New York

Location Insight

City
Scotia
County
Schenectady
State
New York
Latitude
42.8394
Longitude
-73.9613
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
-
$54,600
$35,300
$89,900
-
$80,294
$51,912
$132,206

FAQs

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