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    Professional Office/Medical Building Opportunity Title is generated by Realmo AI

    1325 Rute 44, Pleasant Valley, NY 12569

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    Proposed 2-story office/medical building on Route 44, Pleasant Valley.

    Type:Office
    Property size:
    10,218 SF
    Price / SF:
    $190/SF
    Added:
    Nov 7, 2018
    Days on Market:
    2798
    Last Refresh:
    Jul 5 at 7:38 am

    Property Features for 1325 Rute 44

    General Information

    Standard status
    Active
    Size
    10,218 SF
    Property subtype
    Office

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    Thomas Cervone
    Thomas Cervone

    Listing office CR Properties Group LLC

    Listing date Nov 7, 2018

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of CR Properties Group LLC

    HighLights

    • Proposed 2‑story professional office / medical building
    • Located on U.S. Route 44
    • Located in Pleasant Valley
    • For sale or lease

    Overview

    A proposed 2-story professional office and medical building is available for sale or lease. The property is located on U.S. Route 44 in Pleasant Valley. The property size is 10218 square feet and is suitable for commercial real estate, office buildings, office spaces, and medical office space.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $306.5k $30.00
    − Vacancy −$32.2k −$3.15
    EGI $274.4k $26.85
    − OpEx −$109.7k −$10.74
    NOI $164.6k $16.11
    10,218 SF · lease $30.00/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $2.35M
    $2.06M – $2.74M (±1% cap)
    NOI $164,612 @ 7.0% cap · market cap 8.44%
    Second Best
    Office B
    $2.34M
    $2.04M – $2.73M (±1% cap)
    NOI $163,545 @ 7.0% cap · market cap 8.39%
    Theoretical Best
    Office A
    $3.08M
    $2.69M – $3.59M (±1% cap)
    NOI $215,306 @ 7.0% cap · market cap 11.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Map

    City
    Pleasant Valley
    County
    Dutchess
    State
    New York
    Longitude
    -73.7872
    Latitude
    41.7359

    FAQs

    What type of property is this?
    Medical Office Space - Proposed 2-story office/medical building on Route 44, Pleasant Valley.
    Where is this medical office space located?
    The property is located at 1325 Rute 44 Pleasant Valley, NY.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Proposed 2‑story professional office / medical building; Located on U.S. Route 44; Located in Pleasant Valley
    (845) 485-3100 Call to check price and availability
    More about this property
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