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    2022 State Route 32 Modena, NY 12548

    For Sale
    $250,000

    3.4 Acres, Prime Location, High Traffic

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 3.4-acre commercial land parcel presents a remarkable opportunity for investors and developers. Strategically located on State Route 32 in Modena, NY, this property boasts unparalleled visibility and accessibility due to its position near high-traffic businesses such as Stewart's, Dunkin' Donuts, Hannaford, and Dollar General. The site's prime location ensures significant exposure to a substantial daily traffic flow, making it ideal for a wide range of commercial ventures. The property includes two adjacent parcels, 101.1-2-16 and 17.1, totaling 3.4 acres. The zoning designation, BD-60/Light Business, allows for diverse commercial uses, providing flexibility for various development plans. While there are two existing structures on the property, they are currently in disrepair and may be considered for demolition or renovation depending on the chosen development. The property's frontage on State Route 32, coupled with its proximity to the intersection of State Routes 44/55, further enhances its strategic value and potential for attracting customers and clients. This is a rare opportunity to acquire a significant commercial land parcel in a thriving hamlet with excellent growth prospects. The asking price is $250,000.

    Property Features for 2022 State Route 32

    General Information

    Property type
    Other commercial real estate
    Lot Size
    148,104 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Modena
    County
    Ulster County
    State
    New York
    Longitude
    -74.10904
    Latitude
    41.66222

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - 3.4 Acres, Prime Location, High Traffic
    Where is this commercial real estate located?
    The property is located at 2022 State Route 32 Modena, NY.
    What is the asking price?
    The asking price for this property is $250,000.
    (845) 744-2095
    Request Owner's contact information
    2022 State Route 32 Modena, NY 12548
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    Modena, NY 12548
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    Realmo Value Estimation

    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.

    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.

    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
    2022 State Route 32 Modena, NY 12548
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