71 Big Boom RdQueensbury, NY 12804

Property Details for 71 Big Boom Rd

Year built

1994

Lot size

7.14 AC

Property size (Sq ft)

7,200 SF

Zone code

CLI

Property type

Auto shops

APN

523400 309.14-1-91

APU

52340030914191

Description

This expansive 7.14-acre property located at 71 Big Boom Road in Queensbury, New York presents a remarkable opportunity for discerning investors or developers. The substantial land area offers significant potential for a variety of uses, subject to local zoning regulations. The property's size and location in Queensbury provide a unique blend of rural tranquility and convenient access to local amenities and transportation routes. The asking price is $7,000,000. Given the significant acreage, this property is ideal for large-scale projects, potentially including residential development, commercial ventures, or even a combination of uses. Detailed site analysis and feasibility studies are recommended to fully explore the development possibilities. Prospective buyers are encouraged to conduct their own due diligence to determine the suitability of the property for their intended purpose. The property is being offered as-is, and all interested parties are responsible for verifying all information and conducting their own independent inspections. This is a rare opportunity to acquire a substantial land parcel in a desirable location, offering considerable potential for future growth and return on investment. The property's size and location make it a truly exceptional offering in the Queensbury real estate market. Further information regarding zoning and permitted uses can be obtained from the relevant local authorities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,629,230

  6.5%

  $2,426,981

  7%

  $2,253,626

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,386,630

  Geo Method

  $2,370,695

• Alternative Use

  Use

  Valuation

  Residential

  $2,047,250

  Hospitality

  $1,875,270

  Educational

  $1,560,202

  Medical

  $1,613,860

  Retail

  $2,426,981

Location Insight

City

Queensbury

County

Warren

State

New York

Latitude

43.294

Longitude

-73.6766

CBSA code

24020

CBSA name

GLENS FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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