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Property profile & analytics

5 Grand St Poughkeepsie, NY 12601-3008

  • Warehouses
  • 1,060 SF
  • 0.07 lot acres
OFF-MARKET
Last Sale
Jan 19, 2023
$100,000
Value Estimations
$110,000
Show details
Cap Rate Potential
7.6%
Warehouses
Location Intelligence
Property ID
US63-1298647
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 5 Grand St

Year built
1965
Lot size
0.07 lot acres
Property size
1,060 SF
Zone code
R-4A
Property type
Warehouses
APN
131300 6062-84-978087-0000
APU
9223372036854775807

Description

This unique 2,120 square foot commercial property, located at 5 Grand St in Poughkeepsie, NY, presents a compelling investment opportunity. Situated on a 0.07-acre lot, the building is currently configured as a workshop and office space. However, its zoning allows for a diverse range of uses, offering significant flexibility for future development. Potential uses include residential apartments, retail spaces, storage facilities, or even a sports complex, subject to obtaining the necessary permits and approvals. The property is being sold "as is," providing the buyer with the opportunity to customize the space to their specific needs and vision. The asking price is $235,000. Given its central location in Poughkeepsie and its adaptable zoning, this property represents a rare chance to acquire a versatile commercial asset with substantial upside potential. The existing structure provides a solid foundation for immediate occupancy or redevelopment, making it an attractive option for both seasoned investors and first-time buyers seeking a high-return investment. Serious inquiries are encouraged to explore the possibilities this property offers. Further due diligence is recommended to confirm zoning regulations and potential development options.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $105,000
    ML approach
    $100,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $135,000
    6.5%
    $120,000
    7%
    $115,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $163,000
    Market price range: $68.2k - $164k
    AI Estimate
    $84,000
    Market price range: $26.0k - $84.1k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Poughkeepsie
County
Dutchess
State
New York
Longitude
-73.9309
Latitude
41.7036
CBSA code
39100
CBSA name
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$0.00
$49,500
$71,400
$120,900
-
$49,500
$71,400
$120,900
More about this property
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