111 Bridge StNorthville, NY 12134

  • Investment properties
  • 7,408 SF
For Sale
$385,000 View listing

Property Details for 111 Bridge St

Year built
1930
Lot size
0.21 AC
Property size (Sq ft)
7,408 SF
Property type
Investment properties
Property subtype
Live-work space
APN
173201 32.5-10-9
APU
173201325109

Description

This exceptional mixed-use property, located at 111 Bridge Street, Unit 111 in Northville, New York, presents a compelling investment opportunity. Situated on a sizable 0.92-acre lot, this property offers significant potential for a variety of uses, given its mixed-use zoning classification. The asking price is $385,000. While the precise square footage is currently unavailable, the substantial lot size suggests ample space for development or expansion. The property's address, 111 Bridge Street, Unit 111, places it in a convenient location within Northville, offering easy access to local amenities and transportation routes. Further due diligence is recommended to determine the precise zoning regulations and permitted uses for the property. This is an excellent chance to acquire a versatile property in a desirable location, ideal for both seasoned investors and those seeking a unique commercial venture. The substantial lot size alone makes this a rare find in the Northville market. Interested parties are encouraged to conduct thorough inspections and research to fully assess the property's potential and suitability for their intended purposes. The property is offered as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,840,262
    6.5%
    $1,698,703
    7%
    $1,577,368
  • Comparable approach

    Method
    Valuation
    Relative Method
    $974,435
    Geo Method
    $967,929
  • Alternative Use

    Use
    Valuation
    Residential
    $2,106,392
    Hospitality
    $1,929,444
    Educational
    $1,605,275
    Medical
    $1,660,483
    Retail
    $2,497,094

Location Insight

City
Northville
County
Fulton
State
New York
Latitude
43.226
Longitude
-74.1732
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
-
$12,000
$188,000
$200,000
-
$27,907
$437,209
$465,116

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