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    I-84 Newburgh, NY 12550

    Sponsored
    For Sale
    $3,750,000

    Prime development site, major highway access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial and industrial land offering presents a rare opportunity to acquire two parcels totaling between 6 and 9 acres. Strategically located at the intersection of the New York State Thruway and Interstate 84, in Newburgh, NY (zip code 12550), this property boasts unparalleled visibility and accessibility. The site benefits from its proximity to Route 17K and Stewart International Airport, making it ideal for a variety of uses, including hotels, distribution warehouses, and entertainment venues. The land itself is largely flat and features municipal water, sewer, and gas services. A key advantage is the existing, approved intersection on Route 17K, designed to accommodate large trucks accessing a nearby 650,000 square foot business park and distribution center. With an average daily traffic count exceeding 52,000 vehicles, this location guarantees high visibility and easy access to major trucking routes. The asking price is $3,750,000. This is one of the few remaining undeveloped parcels in this highly sought-after area, offering significant potential for development and investment. The property's location also places it within easy driving distance of numerous popular Mid-Hudson Valley attractions. This presents a unique opportunity to capitalize on the area's growth and strong economic activity.

    Property Features for 0 I-84

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • High visibility from NYS Thruway, Route 84, and Route 17K.
    • Excellent access to major trucking routes and Stewart International Airport.
    • Two parcels totaling 15 acres.
    • Municipal water, sewer, and gas available.
    • High daily traffic count exceeding 52,000 vehicles.
    • Asking price: $3,750,000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.1188767
    Latitude
    41.5126616

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    FAQs

    What type of property is this?
    Land - Prime development site, major highway access.
    Where is this land located?
    The property is located at I-84 Newburgh, NY.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: High visibility from NYS Thruway, Route 84, and Route 17K.; Excellent access to major trucking routes and Stewart International Airport.; Two parcels totaling 15 acres.
    Request Owner's contact information
    I-84 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
    I-84 Newburgh, NY 12550
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