Commercial Land with Existing
For Sale
$1,095,000
7410 US RT-209, Napanoch, NY 12458
Land, Napanoch, NY
Property Size6,000 SF
Lot Size5.90 Acres
Price / SF$182.50
Days on Market416
Property Features for 7410 US RT-209
General Information
Property type
Land
Property subtype
Other
Elementary school
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Middle school
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High school
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Elementary school district
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Middle school district
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High school district
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Standard status
Active
APN
5689-083.006-0004-009.100-0000
Lot size
5.90 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
24896
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Malek Properties
(845) 583-6333
Listed By:
Carol Malek · License #31MA1121533
(845) 798-2300
Added: Jul 10, 2025
Changed: Aug 20
Last Checked: Aug 29 at 5:06AM
MLS# 887701
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 5.9-acre commercial land parcel includes an existing 6000+ SF structure, along with storage pods and an event tent rated for 500 people. Most of the site is level and paved, providing substantial on-site area. The building formerly operated as a restaurant, bar, and catering facility, with related equipment remaining in place.
The property has frontage along two roads, including 1200+ feet of exposure on US Route 209 and 1100+ feet on Old Route 209. Its position between Walmart and Tractor Supply provides established commercial surroundings, while the dual-road layout accommodates truck and delivery access.
Mixed-use zoning is identified, with public water and public sewer serving the property. The parcel is located at 7410 US RT-209 in Napanoch, New York, within Ulster County.
The property has frontage along two roads, including 1200+ feet of exposure on US Route 209 and 1100+ feet on Old Route 209. Its position between Walmart and Tractor Supply provides established commercial surroundings, while the dual-road layout accommodates truck and delivery access.
Mixed-use zoning is identified, with public water and public sewer serving the property. The parcel is located at 7410 US RT-209 in Napanoch, New York, within Ulster County.
Key Highlights
- 5.9‑acre commercial land parcel with an existing 6000+ SF structure
- 1200+ feet of exposure directly on US Route 209
- 1100+ feet of exposure on Old Route 209
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$77,598
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,551,960
$1.6M
Cap Rate 7%
$1,108,543
$1.1M
Cap Rate 9%
$862,200
$862.2K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$108.0K $18.00/SF
− Vacancy
−$4.5K −$0.76/SF
EGI
$103.5K $17.24/SF
− OpEx
−$25.9K −$4.31/SF
NOI
$77.6K $12.93/SF
Area
Ulster County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,551,960
Cap Rate 7%
$1,108,543
Cap Rate 9%
$862,200
Alternative Uses
Best Use
Specialty Retail
$1.11M
$970.0K – $1.29M
NOI $77,598 @ 7.0% cap · market cap 7.09%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$56.11M
$49.10M – $65.46M
NOI $3,927,741 @ 7.0% cap · market cap 358.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 12458, NY
3,488
Population
985
Households
3.5
Avg Household Size
43
Median Age
9%
College-Educated
57%
High-School Grad
39.5 sq mi
ZIP Area
88
Density / Sq Mi
$65,547
Median Household Income
$47,668
Median Earnings
$1,688
Median Rent
$206,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Mixed-use zoning, public water, and public sewer are identified for the parcel.
Where is this commercial land located?
The property is located at 7410 US RT-209 Napanoch, NY.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 5.9‑acre commercial land parcel with an existing 6000+ SF structure; 1200+ feet of exposure directly on US Route 209; 1100+ feet of exposure on Old Route 209
