5854 State Highway 30Amsterdam, NY 12010

Property Details for 5854 State Highway 30

Year built

1984

Lot size

1.00 AC

Property size (Sq ft)

1,224 SF

Property type

Turn key restaurants

APN

272600 71.-2-3

APU

2726007123

Description

This exceptional 1-acre commercial property, located at 5854 State Highway 30 Unit 5854 in Amsterdam, New York, presents a unique investment opportunity. The property's expansive 1-acre lot offers significant potential for a variety of commercial ventures. Its strategic location on State Highway 30 ensures high visibility and accessibility, making it an attractive site for businesses seeking strong exposure to a substantial traffic flow. The property is classified as "Other," providing flexibility for diverse development plans. The asking price is $169,900, representing a compelling entry point into the Amsterdam commercial real estate market. Given the scarcity of available land in this area, this property presents a rare chance to acquire a substantial parcel suitable for immediate development or future expansion. The absence of existing structures allows for complete design freedom, enabling the creation of a bespoke commercial development tailored to specific business needs. Prospective buyers are encouraged to conduct their own due diligence to fully assess the property's potential and suitability for their intended use. This is a truly exceptional opportunity to secure a prime piece of commercial real estate in a thriving location. The property's size and location make it an ideal candidate for a range of commercial uses, from retail to light industrial. Serious inquiries are welcome.

• CAP approach

  CAP return

  Valuation

  6%

  $446,969

  6.5%

  $412,587

  7%

  $383,116

• Comparable approach

  Method

  Valuation

  Relative Method

  $405,727

  Geo Method

  $403,018

• Alternative Use

  Use

  Valuation

  Residential

  $348,032

  Hospitality

  $318,796

  Educational

  $265,234

  Medical

  $274,356

  Retail

  $412,587

Location Insight

City

Amsterdam

County

Montgomery

State

New York

Latitude

42.9093

Longitude

-74.2175

CBSA code

11220

CBSA name

AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].