4289 State Route 22Plattsburgh, NY 12901

Property Details for 4289 State Route 22

Year built

1960

Lot size

5.30 AC

Property size (Sq ft)

3,506 SF

Zone code

SC

Property type

Auto shops

APN

094200 233.-1-6

APU

9420023316

Description

This exceptional 5.3-acre commercially zoned parcel presents a rare investment opportunity in Plattsburgh, NY. Strategically positioned between I-87's north and south access points, and within one minute of Plattsburgh International Airport, this property boasts unparalleled visibility and accessibility. Its proximity to a major truck stop further enhances its commercial appeal. The 5,057 square foot building offers significant potential for a variety of commercial uses, including hospitality, retail, and other ventures. The property's location provides easy access to major trade routes within a seven-minute radius. The existing infrastructure includes Delta 280 3-phase electric service, ensuring readiness for a wide range of businesses. This high-demand location offers superior desirability for businesses seeking maximum exposure and convenient access to transportation networks. The seller is willing to consider financing options with a sufficient down payment. Showings are by appointment only. This is an exceptional opportunity to acquire a highly visible and strategically located commercial property in a thriving market. Don't miss this chance to secure a prime piece of Plattsburgh real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $1,280,289

  6.5%

  $1,181,805

  7%

  $1,097,390

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,162,156

  Geo Method

  $1,154,397

• Alternative Use

  Use

  Valuation

  Residential

  $996,897

  Hospitality

  $913,152

  Educational

  $759,732

  Medical

  $785,860

  Retail

  $1,181,805

Location Insight

City

Plattsburgh

County

Clinton

State

New York

Latitude

44.6578

Longitude

-73.4828

CBSA code

38460

CBSA name

PLATTSBURGH, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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