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    1289 South Rd Wappingers Falls, NY 12590

    Sponsored
    For Sale
    $3,100,000

    High-traffic retail investment opportunity.

    Property size:
    19,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 19,500 square foot multi-tenant retail center, located at 1289 South Rd, Wappingers Falls, NY 12590, presents a compelling investment opportunity. Boasting 90% occupancy and a prime location on US Route 9, this property benefits from high visibility and significant traffic volume (32,553 AADT). The center is strategically situated near Interstate 84 and the Newburgh-Beacon Bridge, providing excellent access for customers and employees. Its proximity to Dutchess Community College South Campus and Adams Fairacre Farms further enhances its appeal. The property also enjoys convenient access to the New Hamburg Metro-North Railroad Station, offering a commuter-friendly location. Current tenants include a diverse mix of businesses, ensuring a stable income stream. The asking price is $3,100,000, translating to $158.97 per square foot. This represents a strong value proposition in a thriving commercial corridor. This property is ideal for investors seeking a well-established, high-traffic retail investment with strong potential for future growth.

    Property Features for 1289 South Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    19,500 SF

    HighLights

    • 19,500 SF multi‑tenant retail center in Wappingers Falls, NY.
    • 90% occupancy with high visibility on US Route 9 (32,553 AADT).
    • Excellent location near I‑84, Newburgh‑Beacon Bridge, Dutchess Community College, and Adams Fairacre Farms.
    • Convenient access to New Hamburg Metro‑North.
    • $3,100,000 asking price ($158.97/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Wappingers Falls
    County
    Dutchess
    State
    New York
    Longitude
    -73.9118185
    Latitude
    41.6099911

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail investment opportunity.
    Where is this individual retail property located?
    The property is located at 1289 South Rd Wappingers Falls, NY.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: 19,500 SF multi-tenant retail center in Wappingers Falls, NY.; 90% occupancy with high visibility on US Route 9 (32,553 AADT).; Excellent location near I-84, Newburgh-Beacon Bridge, Dutchess Community College, and Adams Fairacre Farms.
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    Wappingers Falls, NY 12590
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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
    1289 South Rd Wappingers Falls, NY 12590
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