For Auction
Absolute Auction
First bid meets reserve
Asset Snapshot
Offering Summary
CBRE and RealINSIGHT Marketplace are pleased to present a ±1.08 AC land parcel located on US Route 9 (the “Property”) in Clifton Park, New York approximately 30 minutes north of Albany. The Property offers an exceptional investment opportunity via development and first bid meets reserve!
The Property consists of a ±1.08 land parcel with ±450’ of frontage on US Route 9 benefitting from 14,819 VPD and less than a mile from I-87 exit 10 with 83,870 vehicles per day. The Property is in a strong trade area near a mix of industrial and business demand generators.
Clifton Park is a suburban town in Saratoga County, New York approximately 12 miles north of Albany, the state capital. Saratoga County is just 150 miles from Boston, New York City and Montreal and at the center of New York’s Tech Valley. More than 54 percent of the US and Canadian populations and 60 percent of their industries are located within one day’s shipping time (800 miles). The Property benefits from compelling demographics and the 5-mile trade area is supported by 57,125 residents boasting an impressive average household income of $117,067.
Due Diligence
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Platform Fee
Buyer pays a minimum platform fee of 5% or $20,000 at closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
