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    122 Route 17K Newburgh, NY 12550

    Sponsored
    For Sale
    $699,000

    1.9 Acres, $699,000 - High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.9-acre commercial land parcel, located at 122 Route 17k in Newburgh, New York, presents a unique investment opportunity. The property, identified by APN 334600-095-000-0001-057.000-0000, offers significant potential for redevelopment. Its strategic location provides excellent visibility and accessibility, boasting proximity to major transportation arteries including the New York State Thruway, Interstate 84, and Stewart International Airport. This prime location ensures high traffic volume and convenient access for potential businesses and customers. The expansive lot size allows for ample parking, a crucial element for many commercial ventures. The asking price for this remarkable property is $699,000. This presents a compelling opportunity for investors and business owners seeking a high-traffic location with significant development potential in a thriving Orange County market. The property is zoned for commercial use (verification of zoning with local authorities is recommended). The existing structure on the property offers potential for renovation and repurposing, creating a unique opportunity to tailor the space to specific business needs. Serious inquiries are encouraged to explore this exceptional commercial land offering. The property is situated in Newburgh, NY, zip code 12550.

    Property Features for 122 Route 17K

    General Information

    Property type
    Land
    Lot Size
    82,764 SF

    HighLights

    • 1.9‑acre commercial land parcel in Newburgh, NY, at 122 Route 17k (APN 334600‑095‑000‑0001‑057.000‑0000).
    • Excellent visibility and accessibility near NY State Thruway, I‑84, and Stewart International Airport.
    • High traffic volume and ample parking.
    • $699,000 asking price.
    • Commercially zoned (verify zoning with local authorities).
    • Existing structure offers renovation/repurposing potential.
    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
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.0827442
    Latitude
    41.5078024

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    FAQs

    What type of property is this?
    Land - 1.9 Acres, $699,000 - High Visibility
    Where is this land located?
    The property is located at 122 Route 17K Newburgh, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 1.9-acre commercial land parcel in Newburgh, NY, at 122 Route 17k (APN 334600-095-000-0001-057.000-0000).; Excellent visibility and accessibility near NY State Thruway, I-84, and Stewart International Airport.; High traffic volume and ample parking.
    Request Owner's contact information
    122 Route 17K Newburgh, NY 12550
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    Newburgh, NY 12550
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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
    122 Route 17K Newburgh, NY 12550
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