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    91 Putt Corners Rd New Paltz, NY 12561

    Sponsored
    For Sale
    $1,100,000

    10.5-Acre Industrial Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.5-acre industrial lot presents a unique development opportunity in the thriving town of New Paltz, New York. Located at 91 S Putt Corners Rd, this level parcel boasts over 1,000 feet of road frontage on a high-traffic street, ensuring maximum visibility for any commercial venture. The property is zoned I1, providing flexibility for a wide range of uses. Municipal water and electric are readily available on-site, simplifying the development process. Its convenient location offers easy access to the New York State Thruway and major roadways, enhancing accessibility and logistical efficiency. The average daily traffic count exceeds 6,889 vehicles, guaranteeing significant exposure. Potential uses include, but are not limited to, auto services, indoor recreation facilities, commercial parking, office space, and laundry services. This prime location in rapidly growing New Paltz offers significant potential for substantial return on investment. Note that a secondary party has expressed interest in purchasing 3 acres from a prospective buyer

    Property Features for 91 Putt Corners Rd

    General Information

    Property type
    Land
    Lot Size
    457,380 SF

    HighLights

    • 10.5‑acre level industrial lot with municipal water and electric.
    • 1,000 feet of road frontage, 6,889 ADT, minutes from NYS Thruway and major transportation arteries.
    • Potential for a 3‑acre sale to a secondary party (negotiated separately).
    • Excellent development opportunity in the rapidly growing New Paltz market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Paltz
    County
    Ulster
    State
    New York
    Longitude
    -74.0751514
    Latitude
    41.7293429

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    FAQs

    What type of property is this?
    Land - 10.5-Acre Industrial Lot, High Visibility
    Where is this land located?
    The property is located at 91 Putt Corners Rd New Paltz, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 10.5-acre level industrial lot with municipal water and electric.; 1,000 feet of road frontage, 6,889 ADT, minutes from NYS Thruway and major transportation arteries.; Potential for a 3-acre sale to a secondary party (negotiated separately).
    Request Owner's contact information
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    New Paltz, NY 12561
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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
    91 Putt Corners Rd New Paltz, NY 12561
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