403 Main StAmsterdam, NY 12010

Property Details for 403 Main St

Year built

1970

Lot size

2.20 AC

Property size (Sq ft)

13,876 SF

Zone code

05 - COMMERCIAL

Property type

Automotive properties

APN

270100 39.14-5-26

APU

2701003914526

Description

This exceptional industrial property, located at 403 W Main St Unit 403 in Amsterdam, NY, presents a compelling investment opportunity. Spanning 2.2 acres of land, this property offers significant potential for a variety of industrial uses. The property's address is strategically situated in Amsterdam, providing convenient access to major transportation routes and a robust local workforce. While the exact square footage of the building is currently unavailable, the expansive 2.2-acre lot provides ample space for development, expansion, or redevelopment projects. The asking price for this significant industrial holding is $550,000. Given the size of the lot and its prime location, this property represents a rare chance to acquire a substantial industrial asset in a thriving area. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning regulations and potential development options can be provided upon request. This is a unique opportunity to secure a substantial industrial property in a desirable location, offering significant potential for future growth and return on investment. Don't miss out on this chance to acquire a valuable piece of Amsterdam's industrial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $5,067,110

  6.5%

  $4,677,332

  7%

  $4,343,237

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,599,566

  Geo Method

  $4,568,856

• Alternative Use

  Use

  Valuation

  Residential

  $3,945,505

  Hospitality

  $3,614,061

  Educational

  $3,006,856

  Medical

  $3,110,267

  Retail

  $4,677,332

Location Insight

City

Amsterdam

County

Montgomery

State

New York

Latitude

42.951

Longitude

-74.2139

CBSA code

11220

CBSA name

AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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