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    Pine Bush NY 12566 Boniface Dr Pine Bush, NY 12566

    Sponsored
    For Sale
    $500,000

    1-Acre Retail Lot - $500K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-acre retail pad site, located at 0 Boniface Drive in Pine Bush, NY 12566 (APN 332600.008.000-0002-117.000/0000), presents a unique investment opportunity. Offered at $500,000, this property boasts a highly visible location at the entrance to a Hannaford grocery store, ensuring significant foot traffic and brand exposure. Its strategic placement within the thriving retail hub of Pine Bush, near banks and other established businesses, guarantees a strong customer base. The property is ideal for a variety of retail uses, including restaurants and other commercial ventures. The site's prime location in the rapidly growing hamlet of Pine Bush promises substantial long-term growth potential. Alternatively, a ground lease is available at $50,000 per year. This property offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a dynamic market. The property's convenient location and high visibility make it an ideal location for businesses seeking to establish a strong presence in the Pine Bush community. Don't miss this chance to secure a prime retail location in a rapidly expanding area of Orange County, New York.

    Property Features for Pine Bush NY 12566 Boniface Dr

    General Information

    Property type
    Retail properties
    Lot Size
    43,560 SF

    HighLights

    • $500,000 asking price.
    • 1‑acre retail pad site.
    • Ground lease available at $50,000 annually.
    • Excellent visibility at busy Hannaford entrance.
    • Located near banks and retail hub in growing Pine Bush, NY.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Pine Bush
    County
    Orange
    State
    New York
    Longitude
    -74.298598
    Latitude
    41.600484

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    FAQs

    What type of property is this?
    Retail property - 1-Acre Retail Lot - $500K
    Where is this retail property located?
    The property is located at Pine Bush NY 12566 Boniface Dr Pine Bush, NY.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price.; 1-acre retail pad site.; Ground lease available at $50,000 annually.
    Request Owner's contact information
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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
    Pine Bush NY 12566 Boniface Dr Pine Bush, NY 12566
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