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    7584 Rte 97 Narrowsburg, NY 12764

    Sponsored
    For Sale
    $250,000

    3.2 Acres, Excellent Investment Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3.2-acre commercial land parcel presents a compelling investment opportunity in Narrowsburg, New York. Located at 7584 N Route 97 S Unit #97, in Sullivan County, this property offers significant potential for various commercial ventures. The land is zoned for commercial use and is ideally situated for businesses seeking high visibility and accessibility. The asking price for this expansive lot is $250,000. While the property currently includes an operating pharmacy business and two apartments, the sale encompasses only the land itself. The existing structures are not included in the sale and are mentioned solely to provide context regarding the property's potential. The apartments, situated above the pharmacy, require some renovation and offer a potential avenue for additional income generation for a future owner. The property's location on a main thoroughfare ensures high traffic volume and excellent exposure for any new commercial development. Detailed information regarding zoning regulations and permitted uses is readily available upon request. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location with significant upside potential. The property's address is 7584 N Route 97 S Unit #97, Narrowsburg, NY 12764. Latitude and longitude coordinates are 41.5814163, -74.9910112.

    Property Features for 7584 Rte 97

    General Information

    Property type
    Land
    Lot Size
    139,392 SF

    HighLights

    • $250,000 asking price.
    • 3.2‑acre commercial land parcel.
    • Located at 7584 N Route 97 S, Unit #97, Narrowsburg, NY 12764.
    • Sullivan County, New York location.
    • Zoned for commercial use (Further zoning verification recommended).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Narrowsburg
    County
    Sullivan
    State
    New York
    Longitude
    -74.9910112
    Latitude
    41.5814163

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    FAQs

    What type of property is this?
    Land - 3.2 Acres, Excellent Investment Potential
    Where is this land located?
    The property is located at 7584 Rte 97 Narrowsburg, NY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price.; 3.2-acre commercial land parcel.; Located at 7584 N Route 97 S, Unit #97, Narrowsburg, NY 12764.
    (845) 856-6629
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    Narrowsburg, NY 12764
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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
    7584 Rte 97 Narrowsburg, NY 12764
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