Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1490 Us Highway 9 Wappingers Falls, NY 12590

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a shopping center with ample parking.

    Property size:
    4,800 SF
    Lot size:
    12.59 Acres

    Property Features for 1490 Us Highway 9

    General Information

    Size
    4,800 SF
    Lot size
    12.59 Acres

    We can help!

    Listing Contact
    Mario Fernandes
    Mario Fernandes
    Source: Moodyscre

    Listing Agency: Royal Properties, Inc. Listing Agent: Mario Fernandes

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

    Learn more

    Overview

    Retail Space in Prime Location

    This retail space is located in a prime shopping center with signaled access on Route 9. The property offers 640 parking spaces. Neighboring retailers include BJ’s Wholesale Club, Walgreens, Home Depot, T-Mobile, Rite Aid, Starbucks, Planet Fitness, Once Upon a Child, McDonald’s, Chase Bank, Dunkin’, Smoothie King, Boot Barn, Pure Barre, Dollar General, Wendy’s, Verizon, and Skechers. The property is located in Wappingers Falls, NY.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    Hannoush Plaza, Graceland Tattoos, Imperial Plaza Shopping Center, Dutchess Shopping Center, Village Squares

    Location Insight

    • Map
    • Local Demand
    City
    Wappingers Falls
    County
    Dutchess
    State
    New York
    Longitude
    -73.909544
    Latitude
    41.593977

    Nearby Similar for Lease

    • $1,500 /Mo
      700 SF

      Wappingers Falls Professional Office Space

      Well-maintained office with treatment rooms, ideal for professional uses.
      187 New Hackensack Rd, Wappingers Falls, NY 12590
      View Details
    • $3,900 /Mo

      Route 9 Office/Retail Space

      Premier office/retail space with high visibility and ample parking.
      1285 First Rd, Wappingers Falls, NY 12590
      View Details
    • $18 SF/Yr
      1,083 SF

      Turn-Key Office Space Available

      Ground floor office space with excellent visibility and ample parking.
      1001 Ny-376, Wappingers Falls, NY
      View Details
    • $15 SF/Yr
      3,132 SF

      Wappingers Falls Flex/Industrial Space

      Flex/industrial space available for lease in Wappingers Falls, NY.
      24 Sprout Creek Ct, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      1,350 SF

      Retail Space in Wappingers Falls

      Retail space available in a busy shopping center.
      1576 S 9, Wappingers Falls, NY
      View Details
    • Contact for pricing
      666 SF

      Retail/Office Space on Route 9

      Retail or office space for rent in Wappingers Falls.
      1562 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • $3,900 /Mo

      Route 9 Office/Retail Space

      Premier office/retail space with high visibility and ample parking.
      1285 Route 9, Wappingers Falls, NY 12590
      View Details
    • $18 SF/Yr
      5,257 SF

      Route 376 Executive Office Space

      Prime Wappingers Falls Office, 1083 SF Available
      1001 Ny-376, Wappingers Falls, NY 12590
      View Details
    • $24 SF/Yr
      30,000 SF

      Executive Suites, Route 9, NY

      Prime Office Space, Wappingers Falls
      66 Middlebush Rd, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      2,700 SF

      Wappingers Falls Retail/Office Space

      Office or retail building for lease on US Route 9.
      1622 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      800 SF

      Retail Space in Busy Center

      Retail space available in a high-traffic shopping center.
      18 County Rd 104, Wappingers Falls, NY
      View Details
    • Contact for pricing
      36,655 SF

      Retail Space in Wappingers Falls

      Retail space available in a busy shopping center.
      1574 Us Highway 9, Wappingers Falls, NY 12590
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a shopping center with ample parking.
    Where is this shopping center located?
    The property is located at 1490 Us Highway 9 Wappingers Falls, NY.
    What are key features of this property?
    This property features: - Prime shopping center location on Route 9; - Signaled access for easy entry/exit; - Abundant parking: 640 spaces
    (914) 237-3400 Call to check price and availability
    Request Owner's contact information
    1490 Us Highway 9 Wappingers Falls, NY 12590
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1490 Us Highway 9
    Wappingers Falls, NY 12590
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1490 Us Highway 9 Wappingers Falls, NY 12590
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mario Fernandes
    Mario Fernandes
    (914) 237-3400
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!