339 Aviation RdQueensbury, NY 12804

Property Details for 339 Aviation Rd

Year built

2003

Lot size

0.78 AC

Property size (Sq ft)

5,295 SF

Zone code

NC

Property type

Office buildings

APN

523400 301.8-1-32

APU

5234003018132

Description

This exceptional 0.78-acre parcel of land, located at 339 Aviation Road, Unit 339, in Queensbury, New York, presents a unique opportunity for developers and investors. The property's expansive size offers significant potential for a variety of commercial ventures. Its strategic location in Queensbury provides easy access to major transportation routes, ensuring convenient logistics and accessibility for businesses. The absence of existing structures allows for complete design flexibility, enabling the construction of a building tailored to specific needs and maximizing return on investment. This blank canvas presents a chance to create a state-of-the-art facility, perfectly suited for industrial, warehousing, or light manufacturing purposes. The property's zoning regulations should be independently verified to ensure compliance with intended use. Given its size and location, this land parcel represents a rare and valuable opportunity in the thriving Queensbury market. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this prime commercial real estate asset. The property is being offered at a price to be determined, reflecting the significant development potential. Interested parties are invited to submit offers. Further details regarding the property's specifics are available upon request. Don't miss this chance to acquire a highly desirable piece of land in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,315,360

  6.5%

  $1,214,178

  7%

  $1,127,452

• Comparable approach

  Method

  Valuation

  Relative Method

  $696,495

  Geo Method

  $691,845

• Alternative Use

  Use

  Valuation

  Residential

  $1,505,581

  Hospitality

  $1,379,104

  Educational

  $1,147,399

  Medical

  $1,186,860

  Retail

  $1,784,842

Location Insight

City

Queensbury

County

Warren

State

New York

Latitude

43.3307

Longitude

-73.6979

CBSA code

24020

CBSA name

GLENS FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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