Newman St
Gloversville, NY 12078
Absolute $1 Auction: 10.4 AC New York Land · Land For Sale · 10.40 AC

RealINSIGHT Marketplace Online Auction, September 21-23, 2021 CBRE and RealINSIGHT Marketplace are pleased to present ±10.4 acres located near the intersection 5th Ave and State Route 30A (the "Property") in Gloversville, New York approximately 50 miles northwest of Albany. The Property offers an exceptional investment opportunity via development and first bid meets reserve! The 10.4 acre parcel is ideally positioned in a retail corridor and proximate to several major retailers including Hannaford regional supermarket, Runnings, Tractor Supply, KeyBank, Dunkin’, Save a Lot, Advance Auto Parts, Dollar General, Burger King, Walgreens and others. Zoned C-2, Commercial Two District, this commercial development site offers favorable flexible zoning that allows for a variety of uses. The Property offers potential investors the ability to acquire raw land with significant value-add through development and long-term lease up. Gloversville is a city within Fulton County, New York at the foothills of the Adirondack Mountains and was originally settled by New England Puritans in the 1790s. The Property benefits from traffic counts of ±11,332 VPD along SR-30A and ±3,800 VPD on E State Street approximately 0.1 miles away. The Property benefits from compelling demographics and has a population of ±31,821 with an average HH income of ±$62,407 within a 5-mile radius (2021).