779 Route 211 #5, Wallkill, NY 10941

Building Details

Year Built 1999 More

Listing Agency: RE/MAX Benchmark Realty Group b***@gmail.com Show Phone

Listed By: George K Koudounas · License #30KO1024277 Show Phone

Source: Neilcharlesrealestate

Added: Oct 10 Changed: Nov 6 Last Checked: Nov 6 at 3:02PM

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Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 1,200-square-foot suite is within an 11-unit shopping center built in 1999. Its interior includes several rooms and a reception area, with a dedicated front door and rear access. The space has separate gas and electric utilities, newer air-conditioning units, and 9-foot ceilings. It is currently configured for office or retail use.

The center occupies 4 acres and provides more than 150 parking spaces. The property fronts Route 211, with over 300 feet of road frontage and direct access. The suite has a 20-foot storefront.

Key Highlights

• 1,200‑square‑foot suite in an 11‑unit shopping center
• 20‑foot storefront and 9‑foot ceilings
• Multi‑room layout with reception area and separate front and rear access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$255,604

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,112,080 $5.1M

Cap Rate 7%

$3,651,486 $3.7M

Cap Rate 9%

$2,840,044 $2.8M

What to ask about pricing

Market Conditions

NOI Build-Up for 21,000 SF

Gross rent

$378.0K $18.00/SF

− Vacancy

−$12.9K −$0.61/SF

EGI

$365.1K $17.39/SF

− OpEx

−$109.5K −$5.22/SF

NOI

$255.6K $12.17/SF

Area

Orange County, NY

Vacancy

3.40%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,112,080

Cap Rate 7%

$3,651,486

Cap Rate 9%

$2,840,044

Alternative Uses

Best Use

Retail

$3.65M

$3.20M – $4.26M (±1% cap)

NOI $255,604 @ 7.0% cap · market cap 10,650.17%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$7.11M

$6.22M – $8.30M (±1% cap)

NOI $497,871 @ 7.0% cap · market cap 20,744.63%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Law Firm Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

1,339

Businesses Nearby

41k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 84% Dining 16%

Sunoco Shops & Services

8,646 visits/mo 0.3 miles

Family Dollar Shops & Services

6,635 visits/mo 0.2 miles

Advance Auto Parts Shops & Services

4,836 visits/mo 0.2 miles

Sunoco Shops & Services

4,521 visits/mo 0.3 miles

BP Shops & Services

3,699 visits/mo 0.2 miles

Demographics for 10941, NY

14,549

Population

5,486

Households

2.7

Avg Household Size

40

Median Age

31%

College-Educated

93%

High-School Grad

32.0 sq mi

ZIP Area

455

Density / Sq Mi

$95,938

Median Household Income

$48,313

Median Earnings

$1,640

Median Rent

$325,700

Median Home Value

Market

Average Price Trend$/SF for Retail space in Orange County, NY

$105 Jul

$143 Aug

$155 Sep

$158 Oct

Properties on Market for Retail space in Orange County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - A multi-room layout with reception space, rear access, and separate gas and electric service supports office or retail occupancy.

Where is this retail space located?

The property is located at 779 Route 211 #5 Wallkill, NY.

What are key features of this property?

This property features: 1,200‑square‑foot suite in an 11‑unit shopping center; 20‑foot storefront and 9‑foot ceilings; Multi‑room layout with reception area and separate front and rear access