2470 State Highway 30Mayfield, NY 12117

  • Investment properties
  • 1,176 SF
For Sale
$160,000 View listing

Property Details for 2470 State Highway 30

Year built
1955
Lot size
0.25 AC
Property size (Sq ft)
1,176 SF
Zone code
C
Property type
Investment properties
Property subtype
Retail residential properties
APN
173001 104.9-1-4
APU
173001104914

Description

This exceptional mixed-use property, situated at 2470 State Highway 30 Unit 2470 in Mayfield, New York, presents a compelling investment opportunity. The property encompasses a generous 0.25-acre lot, offering significant potential for expansion or redevelopment. The building itself is a mixed-use structure, ideal for a variety of commercial and/or residential applications. Its strategic location on State Highway 30 ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the Mayfield market. The asking price of $149,900 represents a competitive entry point into the Mayfield commercial real estate market. Given the property's size, location, and versatile nature, this offering presents a unique chance to acquire a valuable asset with considerable upside potential. Further due diligence is encouraged to fully explore the possibilities this property offers. The absence of square footage information in the provided data necessitates an on-site inspection to determine the precise dimensions of the building. Interested parties are urged to conduct a thorough assessment to confirm the property's suitability for their intended use. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving community. Don't miss out on this chance to secure a valuable asset in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $362,249
    6.5%
    $334,384
    7%
    $310,500
  • Comparable approach

    Method
    Valuation
    Relative Method
    $239,768
    Geo Method
    $238,167
  • Alternative Use

    Use
    Valuation
    Residential
    $334,384
    Hospitality
    $306,294
    Educational
    $254,833
    Medical
    $263,597
    Retail
    $396,407

Location Insight

City
Mayfield
County
Fulton
State
New York
Latitude
43.1097
Longitude
-74.2679
CBSA code
24100
CBSA name
GLOVERSVILLE, NY MICROPOLITAN 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
-
$20,000
$78,800
$98,800
-
$47,619
$187,619
$235,238

FAQs

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