Property profile

24 Jeanne Dr Newburgh, NY 12550

FOR SALE
Other warehouses
Property ID
US63-4949906
3 ac lot
Entity Owned 29-yr Hold Absentee Owner Free & Clear
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24 Jeanne Dr, Newburgh, NY 12550 For Sale
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24 Jeanne Dr, Newburgh, NY 12550
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Property summary

AI-generated overview

The property consists of 3 cleared acres with approvals in place for development of a 26,000-square-foot warehouse. It is located in the IB zoning district along Jeanne Drive, with approximately 253 feet of road frontage, and is about 3 miles from the New York State Thruway and I-84. The site has municipal water and gas available and is supported by approved site plans, renderings, and elevation plans for the proposed construction, with the ability to amend the plans to meet specific project requirements. The current approval scope includes provisions for 3 loading docks, 2 drive-in doors, 20-foot ceiling heights, 27 parking spaces, and a two-story office area within the warehouse development.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Lot 3 ac (130,680 SF)
APN 334600 34-2-38.4
UPID US63-4949906

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store
  • Financial Advisor

Location

24 Jeanne Dr Newburgh, NY 12550
Newburgh metro Census 10300 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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