This exceptional investment opportunity presents a 0.7-acre commercial property located at 27 W Sand Lake Rd, Wynantskill, NY. The property is classified as an office building, presenting a strong potential for various business ventures. The substantial 0.7-acre lot offers ample space for expansion, future development, or additional parking. The building itself is ready for immediate occupancy or renovation to suit a specific business's needs. Its strategic location in Wynantskill provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. The asking price of $420,000 reflects a competitive market value, making this an attractive proposition for investors seeking a solid return on their investment. Detailed building specifications, including square footage, are available upon request. This property is an excellent choice for businesses seeking a well-situated office space or investors looking for a promising commercial real estate asset in a thriving area. Serious inquiries are encouraged to explore this opportunity further. Don't miss out on this chance to acquire a valuable piece of Wynantskill commercial real estate.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$7,574,686
6.5%
$6,992,018
7%
$6,492,588
Comparable approach
Method
Valuation
Relative Method
$4,010,864
Geo Method
$3,984,085
Alternative Use
Use
Valuation
Residential
$8,670,101
Hospitality
$7,941,766
Educational
$6,607,456
Medical
$6,834,697
Retail
$10,278,265
Location Insight
City
Wynantskill
County
Rensselaer
State
New York
Latitude
42.6904
Longitude
-73.637
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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