95 River StWarrensburg, NY 12885

Property Details for 95 River St

Year built

1970

Lot size

0.30 AC

Property size (Sq ft)

2,232 SF

Zone code

01 - NOT ZONED

Property type

Retail properties

Property subtype

Auto shops

APN

524000 211.17-1-32

APU

52400021117132

Description

This exceptional 0.3-acre property located at 95 River Street in Warrensburg, New York, presents a compelling investment opportunity. Priced at $325,000, this unique parcel offers significant potential for redevelopment. The property's address is 95 River Street, placing it in a desirable location within the town of Warrensburg. The land itself is characterized by its 0.3-acre size, providing ample space for a variety of development projects. Given the "Other" property type designation, the site is open to a wide range of uses, subject to local zoning regulations and approvals. Prospective buyers are encouraged to conduct their own due diligence regarding permitted uses and development possibilities. The absence of a square footage measurement underscores the flexibility inherent in this land parcel, allowing for customized development plans to suit individual needs and visions. This property is an excellent opportunity for investors seeking a blank canvas for their next project in a vibrant upstate New York community. The asking price reflects the significant potential value that can be unlocked through strategic development. Serious inquiries are welcome. All information provided is deemed reliable but not guaranteed and should be independently verified.

• CAP approach

  CAP return

  Valuation

  6%

  $815,061

  6.5%

  $752,364

  7%

  $698,624

• Comparable approach

  Method

  Valuation

  Relative Method

  $739,855

  Geo Method

  $734,915

• Alternative Use

  Use

  Valuation

  Residential

  $634,647

  Hospitality

  $581,334

  Educational

  $483,663

  Medical

  $500,297

  Retail

  $752,364

Location Insight

City

Warrensburg

County

Warren

State

New York

Latitude

43.4908

Longitude

-73.7726

CBSA code

24020

CBSA name

GLENS FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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