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    1250 Us-9 CASTLETON, NY 12033

    Sponsored
    For Sale
    $2,600,000

    85.5 Acres, Highway Commercial Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 85.5-acre parcel is strategically located on Route 9 in Castleton, New York, offering significant development potential. The property boasts Highway Commercial zoning, allowing for a wide range of commercial and industrial uses. Its prime location provides easy access to major transportation arteries, including Interstate 90 (exit 12), situated less than one mile south. The area has experienced substantial recent growth, with notable industrial development including two significant Amazon facilities totaling over 1.2 million square feet. This presents a unique opportunity to capitalize on the thriving industrial sector in a rapidly expanding region. The expansive lot size provides ample space for large-scale projects, making it an ideal investment for developers seeking a high-impact location. The asking price for this exceptional property is $2,600,000. The property is situated approximately seven miles southeast of Albany, New York, placing it within close proximity to a major metropolitan area and its robust workforce. Over 30 acres are zoned Highway Commercial, offering flexibility for various development plans. This presents a rare opportunity to acquire a substantial land holding in a high-demand location with excellent infrastructure and access to a thriving market.

    Property Features for 1250 Us-9

    General Information

    Property type
    Land
    Lot Size
    3,724,380 SF

    HighLights

    • High‑visibility location on Route 9, less than one mile from I‑90.
    • Over 30 acres of Highway Commercial zoned land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Skin Care Clinic Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    CASTLETON
    County
    Rensselaer
    State
    New York
    Longitude
    -73.676711268037
    Latitude
    42.510046732122

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 85.5 Acres, Highway Commercial Zoning, Prime Location
    Where is this land located?
    The property is located at 1250 Us-9 CASTLETON, NY.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: High-visibility location on Route 9, less than one mile from I-90.; Over 30 acres of Highway Commercial zoned land.;
    Request Owner's contact information
    1250 Us-9 CASTLETON, NY 12033
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    CASTLETON, NY 12033
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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
    1250 Us-9 CASTLETON, NY 12033
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