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    86 Jefferson St Monticello, NY 12701

    Sponsored
    For Sale
    $3,600,000

    6.9-acre site, 121,000 SF warehouse potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.9-acre vacant land parcel in Monticello, NY, presents a prime opportunity for industrial development. Located just 1/4 mile from NY-17/I-86 Exit 104, this strategically situated site is zoned BLI (Light Industry) and will be sold with all necessary municipal approvals in place. Municipal water and sewer are readily available. The property, encompassing parcels 104-2-Lots 10, 11.2, 11.3, and a portion of Lot 13 (APN: 104-2-11.2), is already cleared and partially graded, minimizing site preparation costs. Plans call for a 121,000 square foot industrial building featuring approximately 35' ceilings, ample parking for 27 trucks and 61 cars. This location is ideal for a variety of uses, including warehousing, distribution, refrigerated food storage, and third-party logistics. Sullivan County's business-friendly environment makes this an attractive investment. The asking price is $3,600,000. Don't miss this chance to acquire a ready-to-develop industrial site in a thriving location.

    Property Features for 86 Jefferson St

    General Information

    Property type
    Land

    HighLights

    • $3,600,000 asking price for 6.9‑acre industrial land site.
    • 121,000 square foot industrial building planned, with municipal approvals pending.
    • Located at 86 Jefferson St, Monticello, NY 12701 (APN 104‑2‑11.2, Sullivan County).
    • BLI zoning; municipal water and sewer available.
    • Site is cleared, partially graded, and near NY‑17/I‑86 (Exit 104).
    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
    Monticello
    County
    Sullivan
    State
    New York
    Longitude
    -74.6978029
    Latitude
    41.661323

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    FAQs

    What type of property is this?
    Land - 6.9-acre site, 121,000 SF warehouse potential
    Where is this land located?
    The property is located at 86 Jefferson St Monticello, NY.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: $3,600,000 asking price for 6.9-acre industrial land site.; 121,000 square foot industrial building planned, with municipal approvals pending.; Located at 86 Jefferson St, Monticello, NY 12701 (APN 104-2-11.2, Sullivan County).
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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
    86 Jefferson St Monticello, NY 12701
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