10693 Us Route 11Adams, NY 13605

Property Details for 10693 Us Route 11

Year built

1990

Lot size

1.55 AC

Property size (Sq ft)

2,734 SF

Property type

Office buildings

APN

222089 108.17-1-95.2

APU

222089108171952

Description

This exceptional 5,468 square foot commercial office building is strategically located at 10693 US Route 11 in Adams, NY. Boasting a prominent position on a high-traffic thoroughfare, this property offers unparalleled visibility and accessibility for any business. The 1.55-acre lot provides ample parking for customers and employees. The interior layout is spacious and versatile, making it ideal for a variety of uses, including retail, office space, or a combination of both. The building features modern amenities and presents significant potential for customization to perfectly match your business's specific requirements. This is a unique opportunity to establish or expand your business in a thriving area with strong growth prospects. The asking price for this prime commercial real estate is $500,000. Its location on US Route 11 ensures maximum exposure to a large customer base, driving significant potential for success. The property's size and adaptability make it a highly attractive investment for entrepreneurs and established businesses alike. Don't miss this chance to secure a prominent location in a dynamic and growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $441,495

  6.5%

  $407,534

  7%

  $378,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $249,773

  Geo Method

  $357,224

• Alternative Use

  Use

  Valuation

  Residential

  $505,342

  Hospitality

  $462,891

  Educational

  $385,120

  Medical

  $398,365

  Retail

  $599,075

Location Insight

City

Adams

County

Jefferson

State

New York

Latitude

43.823

Longitude

-76.023

CBSA code

48060

CBSA name

WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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