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    245 Nichols St Carmel Hamlet, NY 10512

    Sponsored
    For Sale
    Contact for pricing

    135 Acres, I-84 Access, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 135-acre development site, located at 245 Nichols St, Carmel Hamlet, NY 10512, presents a unique opportunity for large-scale industrial development. Zoned PUD (Planned Unit Development) in Putnam County, this expansive parcel of rolling land offers unparalleled potential for a substantial warehouse and/or office complex. Preliminary approvals are in place, streamlining the development process. The property boasts convenient access to major transportation arteries, including Route 52, Interstate 84, and Interstate 684, ensuring seamless logistics and efficient distribution networks. Its proximity to railway lines and airports further enhances its strategic location and accessibility. This prime location allows for the construction of over 400,000 square feet of warehouse space, making it an ideal investment for developers seeking a significant project with high returns. The property's size and strategic location make it a rare find in the thriving New York market. Contact us today to discuss pricing and explore the possibilities of this exceptional development opportunity. This is a truly remarkable chance to acquire a substantial land parcel with significant development potential in a highly desirable location.

    Property Features for 245 Nichols St

    General Information

    Property type
    Industrial properties

    HighLights

    • Price Upon Request
    • Land/Warehouse Property
    • Industrial Zoning
    • Convenient Route 52 Access
    • Minutes from I‑84
    • Potential for 400,000+ SF Development
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmel Hamlet
    County
    Putnam
    State
    New York
    Longitude
    -73.6972249
    Latitude
    41.4443903

    Nearby Comparable

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      Multifamily Homes Investment Opportunity

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Industrial property - 135 Acres, I-84 Access, High Potential
    Where is this industrial property located?
    The property is located at 245 Nichols St Carmel Hamlet, NY.
    What are key features of this property?
    This property features: Price Upon Request; Land/Warehouse Property; Industrial Zoning
    Request Owner's contact information
    245 Nichols St Carmel Hamlet, NY 10512
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    Carmel Hamlet, NY 10512
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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
    245 Nichols St Carmel Hamlet, NY 10512
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