12080 County Highway 21Franklin, NY 13775

Property Details for 12080 County Highway 21

Year built

1975

Lot size

0.75 AC

Property size (Sq ft)

792 SF

Zone code

R1

Property type

Office buildings

APN

123289 120.-1-39

APU

123289120139

Description

This exceptional mixed-use property, located at 12080 County Highway 21 Unit 12080 in Franklin, NY, presents a compelling investment opportunity. Situated on a sizable 0.75-acre lot, this property offers significant potential for a variety of uses, given its mixed-use zoning classification. The asking price is $300,000. While the precise square footage is currently unavailable, the substantial lot size suggests ample space for development or expansion. The property's location on County Highway 21 provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic location. This presents a rare chance to acquire a versatile property in a desirable area of Franklin, NY. Further due diligence is encouraged to fully assess the development potential and to determine the precise square footage of the existing structures. The property's potential is significant, making it an ideal investment for both seasoned investors and those seeking a promising entry point into the commercial real estate market. Serious inquiries are welcome. All information is deemed reliable but not guaranteed. Buyers are advised to conduct their own independent verification.

• CAP approach

  CAP return

  Valuation

  6%

  $196,745

  6.5%

  $181,611

  7%

  $168,639

• Comparable approach

  Method

  Valuation

  Relative Method

  $104,178

  Geo Method

  $103,483

• Alternative Use

  Use

  Valuation

  Residential

  $225,197

  Hospitality

  $206,280

  Educational

  $171,622

  Medical

  $177,525

  Retail

  $266,968

Location Insight

City

Franklin

County

Delaware

State

New York

Latitude

42.325

Longitude

-75.1684

Property Tax & Assessments

FAQs

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