Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Ridge Rd Montgomery, NY 12549

    View on Map
    Sponsored
    For Sale
    $699,000

    LAND - Montgomery, NY

    Days on Market:
    92
    Last Refresh:
    Mar 5 at 4:06 pm

    Property Features for Ridge Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-3
    APN
    334289.031.000-0001-076.100/0000

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    We can help!

    Listing Contact
    Jason L Mcgovern

    Keller Williams Hudson Valley Realty & United (845) 639-0300

    Listing agent Jason L McGovern

    Listing date Dec 4, 2025

    MLS# 872104

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Industrial Land Near I-84

    This property consists of 22 acres of industrial (I-3) zoned land in the Town of Montgomery. It features a fully approved site plan for a 12,000 square foot building. The site is located on Ridge Road, adjacent to I-84 and 10 minutes from Stewart International Airport. The location is positioned at the heart of the Northeast's transportation hub, enabling efficient distribution and streamlined sales routes. The surrounding population is nearly 55,000. The property offers possibilities for development projects and a range of permitted uses, presenting an opportunity to launch or expand a business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Montgomery
    County
    Orange
    State
    New York
    Longitude
    -74.155784
    Latitude
    41.521299

    Nearby Similar for Sale

    • $449,999
      0.75 Acres

      Commercial Property in Montgomery, NY

      Versatile commercial property with expansion potential in a prime location.
      120 Bracken Rd, Montgomery, NY 12549
      View Details
    • $680,000
      3,564 SF

      Montgomery Office Buildings For Sale

      Two adjacent commercial buildings suitable for office or medical use.
      2288 State Route 208, Montgomery, NY 12549
      View Details
    • $559,900
      Pending

      Village Duplex with Income Potential

      Classic side-by-side duplex in Montgomery, NY with income potential.
      146-148 Charles St, Montgomery, NY 12549
      View Details
    • $999,999
      3,228 SF

      Montgomery Mixed-Use Investment Opportunity

      Two buildings in Montgomery's Historic District with commercial and residential potential.
      135 Union St, Montgomery, NY 12549
      View Details
    • $474,999
      1,485 SF

      Versatile Industrial Property, Montgomery NY

      Commercial property with expansion potential, conveniently located near major highways.
      120 Bracken Rd, Montgomery, NY 12549
      View Details
    • $549,000
      Pending

      Versatile Mother/Daughter Home on 2.7 Acres

      Unique duplex on 2.7 acres in Valley Central School District.
      2431 Albany Post Rd, Montgomery, NY 12586
      View Details
    • $449,999

      Versatile Commercial Property in Montgomery

      Commercial property with expansion potential, ideal for diverse business ventures.
      120 Bracken Rd, Montgomery, NY 12549
      View Details
    • $250,000

      Gas Station Convenience Store Business

      Turn-key gas station and convenience store business for sale.
      2214 State Route 208, Montgomery, NY 12549
      View Details
    • $465,000

      Mixed-Use Investment in Montgomery Village

      Charming 3-unit mixed-use property in the heart of Montgomery.
      102 Ward St, Montgomery, NY 12549
      View Details
    • Contact for pricing
      41,520 SF

      Approved Self-Storage Development Opportunity

      Approved self-storage development site with high visibility and traffic.
      674 New York 17K, Montgomery, NY 12549
      View Details
    • $1,300,000

      Leased Restaurant & Income Apartments

      Mixed-use property featuring a restaurant and four apartments.
      631 State Route 17 K, Montgomery, NY 12549
      View Details
    • $1,900,000

      7,500 SF Industrial Property

      Industrial property with highway access, ideal for warehousing and manufacturing.
      1005 Montgomery Rd, Montgomery, NY 10922
      View Details

    FAQs

    What type of property is this?
    Industrial land - 22-acre industrial land parcel with approved site plan.
    Where is this industrial land located?
    The property is located at Ridge Rd Montgomery, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Fully approved site plan for a 12,000 SF building.; - 22-acre parcel of industrial (I-3) zoned land.; - Located adjacent to I-84.
    (914) 760-7331
    Request Owner's contact information
    Ridge Rd Montgomery, NY 12549
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Ridge Rd
    Montgomery, NY 12549
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Ridge Rd Montgomery, NY 12549
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jason L Mcgovern
    (914) 760-7331 (845) 610-6065
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!