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912-936 Kings Rd

16.65 Acres of Commercial Land Offered at $1,400,000 in Schenectady, NY 12303

Investment Highlights

  • Great income potential!
  • Location is perfect!

Executive Summary

Four parcels totaling 16.65 acres! Land includes both single and multifamily homes.

Property Facts

Price $1,400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 16.65 AC

1 Lot Available

Lot

Price $1,400,000
Price Per AC $84,084
Lot Size 16.65 AC

Raw land for sale! Includes 4 parcels!

Description

Loaded package in Rotterdam/Schenectady! Investors, developers & entrepreneurs are all invited to check out this play on historic Kings Rd across from Pinewoods School. This family-owned pair of properties is on the market for the 1st time ever, offering a large single family home w 4-bedrooms, a 2-family rental home, a historic barn, a 4K+ sq ft commercial building w/ a pair of 3-bedroom apts all set on just over 16 acres close to Curry Rd/ Schenectady shopping, I-890 and I-90. Rents are below market netting around $80K annually; room for improvement. The land wraps around in the rear to join 912 & 936 Kings together except for a paper road owned by Schenectady. Lots of road frontage on Kings & acreage so bring your ideas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 072-005-0001-006-000-0000
  • 072-005-0001-010-000-0000
  • 072-005-0001-009-000-0000
Land Assessment
$200,400
Improvements Assessment
$347,700
Total Assessment
$548,100

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 32015823

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 912-936 Kings Rd, Schenectady, NY 12303

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