Prime Retail Location on Route
1105 - 1115 Route 9, Fishkill, NY 12590
7.57 acre retail property on the 'golden mile'.
Type:Retail, Mixed Use, Land
Property size:
15,934 SFLot size:
7.57 AcresPrice / SF:
$251/SF- Added:
- Feb 1, 2019
- Days on Market:
- 2678
- Last Refresh:
- May 19 at 11:01 pm
Property Features for 1105 - 1115 Route 9
General Information
- Standard status
- Active
- Size
- 15,934 SF
- Lot size
- 7.57 Acres
- Property subtype
- Retail, Mixed Use, Land
Building Details
- Year Built
- 1990
Listing agent Mike Fitzgerald License #NY 10401228039
Listing office McGrath Realty Inc
Listing date Feb 1, 2019
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of McGrath Realty Inc
HighLights
- Located on the "golden mile" of Route 9, a major retail hub.
- 7.57 acre parcel improved with buildings and infrastructure suitable for retail or plant/garden supply use.
- 15,934 sq.ft. single‑story retail building constructed in 1990.
- Plant Depot occupies 3.7 acres with year‑round canopies, greenhouses, and storage.
- 162 paved parking spaces available.
- Well‑maintained utility systems (municipal gas, well, private sewage disposal).
Overview
This property features a level, irregular-shaped parcel of approximately 7.57 acres. It is improved with several buildings consistent with its current use as a plant/garden supply and landscape center, and other improvements are in conformity with retail uses. The property includes a well-maintained, steel-framed, single-story building on a slab, constructed in 1990, with a total retail square footage of 15,934 sq.ft. White “OTB” and “Terra Tile and Marble” occupy 10,400 sq.ft. Plant Depot occupies 3.7 acres of improvements, including multiple year-round canopy structures, greenhouses, graveled outdoor storage areas, truck parking, and contractor yards. The building is serviced by municipal gas, well, and a private subsurface sewage disposal system. Utility systems are well maintained and in good working order. There are 162 paved parking spaces. The property is located on the “golden mile,” a major retail hub of Route 9, surrounded by several retail chain stores, plazas, professional offices, recreation attractions, hotels, multi-family housing, warehouses, and self-storage properties.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $304.0k | $19.08 |
| − Vacancy | −$12.8k | −$0.80 |
| EGI | $291.3k | $18.28 |
| − OpEx | −$87.4k | −$5.48 |
| NOI | $203.9k | $12.80 |
15,934 SF · lease $19.08/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.91M
$2.55M – $3.40M
NOI $203,876 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.80M
$4.20M – $5.60M
NOI $335,749 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Nursery and garden centers
Similar Places Nearby
- Garden Center at Adams — 160 Old Post Rd, Wappingers Falls, NY 12590
Location Insight
- Map
- Local Demand
- City
- Fishkill
- County
- Dutchess
- State
- New York
- Longitude
- -73.906817
- Latitude
- 41.563582
Nearby Similar for Sale
FAQs
What type of property is this?
Nursery and garden center - 7.57 acre retail property on the 'golden mile'.
Where is this nursery and garden center located?
The property is located at 1105 - 1115 Route 9 Fishkill, NY.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Located on the "golden mile" of Route 9, a major retail hub.; 7.57 acre parcel improved with buildings and infrastructure suitable for retail or plant/garden supply use.; 15,934 sq.ft. single‑story retail building constructed in 1990.
