192 Main StNorthville, NY 12134

  • Office buildings
  • 3,981 SF
For Sale
$799,000 View listing

Property Details for 192 Main St

Year built
1895
Lot size
0.05 AC
Property size (Sq ft)
3,981 SF
Zone code
05 - COMMERCIAL
Property type
Office buildings
APN
173201 32.5-11-1
APU
173201325111

Description

This exceptional mixed-use property, located at 192 N Main St in the vibrant town of Northville, NY, presents a unique investment opportunity. Situated on a generous two-acre lot, this property offers significant potential for a variety of commercial and/or residential uses. The building's square footage is currently undetermined and will require further assessment. The asking price is $799,000, reflecting the property's substantial land size and prime location within Northville. This presents a rare chance to acquire a large parcel in a desirable area, allowing for extensive development or redevelopment possibilities. The property's strategic location on North Main Street offers excellent visibility and accessibility, making it an ideal site for a range of businesses. Further due diligence is recommended to determine the precise building specifications and to explore the full range of development options permitted under local zoning regulations. Given the size of the lot and the property's location, this presents a compelling investment opportunity for those seeking a substantial holding in a growing community. Serious inquiries are encouraged to explore the possibilities of this unique property. The property is being sold as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $988,942
    6.5%
    $912,870
    7%
    $847,665
  • Comparable approach

    Method
    Valuation
    Relative Method
    $523,654
    Geo Method
    $520,157
  • Alternative Use

    Use
    Valuation
    Residential
    $1,131,958
    Hospitality
    $1,036,868
    Educational
    $862,662
    Medical
    $892,330
    Retail
    $1,341,918

Location Insight

City
Northville
County
Fulton
State
New York
Latitude
43.2271
Longitude
-74.1723
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
-
$15,000
$85,000
$100,000
-
$34,884
$197,674
$232,558

FAQs

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