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    6 Morgan Dr Mount Kisco, NY 10549

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    For Sale
    Contact for pricing

    3.8-Acre Commercial Land in Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.8-acre commercial land parcel presents a unique investment opportunity in Mount Kisco, New York. Located at 6 Morgan Drive, this property boasts a highly desirable location, situated near prominent medical facilities, including Northern Westchester Hospital, and other professional buildings within a one-mile radius. The property's zoning allows for a diverse range of development possibilities, including medical offices, senior living facilities, hotels, warehouses, manufacturing plants, apartment complexes, and self-storage facilities. Its proximity to a post office and a Frito-Lay distribution center further enhances its strategic appeal. The site's versatility is amplified by the potential to combine it with an adjacent 2.5-acre parcel for a larger-scale redevelopment project. This presents significant potential for expansion and increased value. Furthermore, the property's suitability for brownfield funding remediation opens avenues for cost-effective environmental improvements. The asking price is $947,368.43 per acre, reflecting the exceptional value and potential of this prime commercial land in Westchester County. The property is zoned for warehouse use, adding another dimension to its development potential. This is a rare opportunity to acquire a substantial land holding in a thriving and strategically important location. Don't miss this chance to capitalize on the significant growth potential of this exceptional property.

    Property Features for 6 Morgan Dr

    General Information

    Property type
    Land
    Lot Size
    165,528 SF

    HighLights

    • 3.8‑acre commercial land parcel in Mount Kisco, NY, at 6 Morgan Drive.
    • Highly desirable location near Northern Westchester Hospital and other professional buildings.
    • Zoned for diverse uses including medical, senior living, hotel, warehouse, manufacturing, apartments, and self‑storage.
    • Potential to combine with adjacent 2.5‑acre parcel for larger development.
    • Brownfield funding remediation potential.
    • Asking price: $947,368.43 per acre.
    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
    Mount Kisco
    County
    Westchester
    State
    New York
    Longitude
    -73.737379
    Latitude
    41.193789

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    FAQs

    What type of property is this?
    Land - 3.8-Acre Commercial Land in Prime Location
    Where is this land located?
    The property is located at 6 Morgan Dr Mount Kisco, NY.
    What are key features of this property?
    This property features: 3.8-acre commercial land parcel in Mount Kisco, NY, at 6 Morgan Drive.; Highly desirable location near Northern Westchester Hospital and other professional buildings.; Zoned for diverse uses including medical, senior living, hotel, warehouse, manufacturing, apartments, and self-storage.
    (845) 896-5444
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    6 Morgan Dr Mount Kisco, NY 10549
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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
    6 Morgan Dr Mount Kisco, NY 10549
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