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    51 Vassar Rd Poughkeepsie, NY 12603

    Sponsored
    For Sale
    $599,000

    4.58 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 4.58-acre commercial and industrial development site is ideally situated at 51 Vassar Road in Poughkeepsie, New York, 12603. Boasting 237 feet of frontage on Vassar Road, this property offers unparalleled potential for a wide range of commercial ventures. Its convenient location provides easy access to US Route 9, placing it just eight minutes away from a major transportation artery. The zoning regulations permit a diverse array of uses, including retail spaces, office buildings, service businesses, restaurants, banks, post offices, health clubs, and laundromats, among other possibilities. This presents a unique opportunity for developers seeking a versatile and strategically located parcel in a thriving area. The asking price for this prime development land is $599,000. The property's size and zoning flexibility make it an attractive investment for those looking to capitalize on the growing commercial landscape of Poughkeepsie, within Dutchess County. Serious inquiries are encouraged to explore the full potential of this exceptional offering.

    Property Features for 51 Vassar Rd

    General Information

    Property type
    Land
    Lot Size
    199,505 SF

    HighLights

    • $599,000 asking price.
    • 4.58‑acre land parcel.
    • Located at 51 Vassar Rd, Poughkeepsie, NY 12603.
    • 8 minutes from US Route 9.
    • Zoned for retail, office, service, restaurant, bank, post office, health clubs, and laundromats.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.875094427609
    Latitude
    41.651766891679

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    FAQs

    What type of property is this?
    Land - 4.58 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 51 Vassar Rd Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: $599,000 asking price.; 4.58-acre land parcel.; Located at 51 Vassar Rd, Poughkeepsie, NY 12603.
    Request Owner's contact information
    51 Vassar Rd Poughkeepsie, NY 12603
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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
    51 Vassar Rd Poughkeepsie, NY 12603
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