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    390 St Andrews Rd Walden, NY 12586

    Sponsored
    For Sale
    $2,099,000

    40 Acres, Residential & Commercial Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40.4-acre property at 390 St. Andrews Rd, Walden, NY (APN: 334289-010-000-0001-029.220-0000) presents a unique investment opportunity. Currently zoned RA5, it offers diverse development possibilities. The land includes a 2,462 square-foot, three-bedroom, one-bathroom house. Preliminary site work for a 16-lot single-family subdivision is complete. Permitted uses include single-family dwellings, agricultural farms, and public works buildings. With a special use permit and site plans, conversion to multifamily is possible. Additional potential ventures include a bed and breakfast, vacation cottages, battery energy storage, or a garden center. The property's strategic location near major interchanges (I-87/84) enhances its appeal. Priced at $2,099,000 ($54,455/acre), this property is ideal for developers and investors seeking a versatile and well-situated land parcel in Orange County. The existing house adds immediate value and potential rental income. This is a rare opportunity to acquire a large parcel of land with significant development potential in a desirable location.

    Property Features for 390 St Andrews Rd

    General Information

    Property type
    Land
    Lot Size
    1,759,824 SF

    HighLights

    • $2,099,000 asking price.
    • 40.4‑acre land parcel in Walden, NY.
    • RA5 zoning permits single‑family dwellings, agricultural uses, and public works buildings.
    • $54,455 per acre land value.
    • APN: 334289‑010‑000‑0001‑029.220‑0000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Hotel & Motel Department Store Plumbing Service Dry Cleaner

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

    Location Insight

    • Map
    • Local Demand
    City
    Walden
    County
    Orange
    State
    New York
    Longitude
    -74.1325472
    Latitude
    41.5564753

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    FAQs

    What type of property is this?
    Land - 40 Acres, Residential & Commercial Potential
    Where is this land located?
    The property is located at 390 St Andrews Rd Walden, NY.
    What is the asking price?
    The asking price for this property is $2,099,000.
    What are key features of this property?
    This property features: $2,099,000 asking price.; 40.4-acre land parcel in Walden, NY.; RA5 zoning permits single-family dwellings, agricultural uses, and public works buildings.
    Request Owner's contact information
    390 St Andrews Rd Walden, NY 12586
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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
    390 St Andrews Rd Walden, NY 12586
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