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    570 Mt Tremper-Phoenicia Rd Phoenicia, NY 12464

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    For Sale
    Contact for pricing

    57-Acre Luxury Glamping Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 57-acre property in Phoenicia, NY, presents a turnkey glamping development opportunity. Located in the desirable Catskills region, just two hours from New York City, this site boasts a prime location within a 120-mile radius of over 27 million people. The property includes R1.5 and R3 zoning, with campground use permitted under special permit. Approvals and entitlements are already in place for an 80-unit luxury glamping resort featuring safari-style tents with private bathrooms and large balconies. Plans also include a central riverside lobby, event center, restaurant, and bar. This development benefits from a half-mile of riverfront, offering guests a serene and scenic experience. The detailed business plan and secured approvals significantly reduce development risk, providing a clear path to profitability. The property's APN is 515000 25.1-2-25 / 515000 25.1-2-26 / 515000 25.1-2-27. This is a rare opportunity to capitalize on the growing demand for high-end, nature-based experiences in a thriving tourist area. The seller is open to various partnership options.

    Property Features for 570 Mt Tremper-Phoenicia Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    2,482,920 SF

    HighLights

    • High‑demand tourist area with strong consumer spending.
    • Fully permitted glamping development, expediting project completion.
    • 57‑acre site, including 1⁄2 mile of river frontage.
    • Strong market fundamentals support projected profitability.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Gym & Fitness Department Store Bar & Pub Hotel & Motel Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenicia
    County
    Ulster
    State
    New York
    Longitude
    -74.2977841
    Latitude
    42.0592439

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    Nearby Similar for Sale

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      Phoenicia Tube Rental Business

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    FAQs

    What type of property is this?
    Multifamily property - 57-Acre Luxury Glamping Development
    Where is this multifamily property located?
    The property is located at 570 Mt Tremper-Phoenicia Rd Phoenicia, NY.
    What are key features of this property?
    This property features: High-demand tourist area with strong consumer spending.; Fully permitted glamping development, expediting project completion.; 57-acre site, including 1⁄2 mile of river frontage.
    Request Owner's contact information
    570 Mt Tremper-Phoenicia Rd Phoenicia, NY 12464
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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
    570 Mt Tremper-Phoenicia Rd Phoenicia, NY 12464
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