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    21 Hanson Dr Montgomery, NY

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    For Sale
    $7,500,000

    Land suitable for industrial development with utilities available.

    Lot size:
    61.00 Acres

    Property Features for 21 Hanson Dr

    General Information

    Lot size
    61.00 Acres

    Source: Princeton Realty Group Agent Frank Fiorella

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Land with Flexible Zoning

    This site offers flexible zoning and access to water, sewer, and natural gas. Permitted uses include recycle, distribution, wholesale, and trucking. There is potential to build an industrial facility of 200,000 to 300,000 square feet. The location is near FedEx, UPS, Cardinal Health, United Natural Foods, Penske Truck, XPO, and Home Depot Distribution.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Orange
    State
    New York
    Longitude
    -74.236816
    Latitude
    41.5275938

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    FAQs

    What type of property is this?
    Land - Land suitable for industrial development with utilities available.
    Where is this land located?
    The property is located at 21 Hanson Dr Montgomery, NY.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - Flexible zoning permits recycle, distribution, wholesale, and trucking.; - Potential to build **200,000 - 300,000 sq. ft. industrial building**.; - Water, sewer, and natural gas utilities are available.
    (914) 329-5474
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    21 Hanson Dr Montgomery, NY
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    Montgomery, NY
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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
    21 Hanson Dr Montgomery, NY
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