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    8 Airport Rd Middletown, NY 10940

    Sponsored
    For Sale
    $428,500

    2.3-Acre lot with house & barn. High potential!

    Property size:
    902 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 2.3-acre mixed-use property presents a unique investment opportunity in Middletown, NY. Located at 8 Airport Road, the site boasts a convenient location and significant development potential. Currently improved with a small, occupied house and a barn, the property offers immediate income potential or the possibility of redevelopment. The existing structures provide flexibility for a variety of uses, allowing for immediate revenue generation while long-term plans are developed. The 902 square foot house and barn offer existing structures that could be renovated, repurposed, or removed to make way for new construction. The expansive 2.3-acre lot provides ample space for a range of projects, from expanding existing structures to constructing new buildings. The property's zoning and permitted uses should be independently verified. This property is ideally suited for investors seeking a versatile asset with immediate income and significant upside. The strategic location offers easy access to major transportation routes, enhancing its appeal for a wide range of commercial and residential uses. Note that access to the property requires a confirmed appointment. Additionally, there is the possibility of acquiring adjacent land

    Property Features for 8 Airport Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    902 SF
    Lot Size
    100,188 SF

    Building Details

    Year Built
    1945
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Orange County
    State
    New York
    Longitude
    -74.40252
    Latitude
    41.42838

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    FAQs

    What type of property is this?
    Commercial real estate - 2.3-Acre lot with house & barn. High potential!
    Where is this commercial real estate located?
    The property is located at 8 Airport Rd Middletown, NY.
    What is the asking price?
    The asking price for this property is $428,500.
    (845) 928-8000
    Request Owner's contact information
    8 Airport Rd Middletown, NY 10940
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    Middletown, NY 10940
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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
    8 Airport Rd Middletown, NY 10940
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