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    635 Dutchess Tpke Arlington, NY 12604

    For Sale
    $8,000,000

    178,202 SF Retail Redevelopment Opportunity

    Property size:
    178,202 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 178,202-square-foot shopping center in Poughkeepsie, New York, presents a compelling redevelopment opportunity. Located at 635 Dutchess Turnpike, this multi-tenant property sits on a 20.9-acre lot and is currently vacant. The asking price is $8,000,000, translating to $44.89 per square foot. The property boasts a highly visible location on a major retail thoroughfare (Route 44) with convenient access to Route 55, experiencing a daily traffic count estimated between 19,000 and 25,000 vehicles. Previously anchored by Kmart and featuring tenants such as Payless, Aaron's, Habitat for Humanity, and BK, the center benefits from its proximity to other established retailers including Stop & Shop, Adam's Fairacre Farms, Dollar Tree, and GameStop. The property is zoned B-SC (Shopping Center Business), offering flexibility for redevelopment plans. This prime location and substantial square footage make this an attractive investment for those seeking a significant retail project in a thriving market. The property's address is 635 Dutchess Turnpike, Poughkeepsie, NY 12604, within Dutchess County.

    Property Features for 635 Dutchess Tpke

    General Information

    Property type
    Lifestyle centers
    Square Feet
    178,202 SF
    Lot Size
    910,404 SF

    HighLights

    • $8,000,000 asking price for a 178,202 SF shopping center.
    • Located at 635 Dutchess Turnpike, Poughkeepsie, NY, in Dutchess County.
    • Currently vacant, offering a retail redevelopment opportunity.
    • Zoned B‑SC, situated on a 20.9‑acre lot with high visibility on Route 44, near the Route 55 interchange, experiencing daily traffic counts of 19,000‑25,000 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sears Appliance Repair Appliance Repair Service Michelle Miscedra Pharmacy

    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
    Arlington
    County
    Dutchess
    State
    New York
    Longitude
    -73.8906036
    Latitude
    41.6987973

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Lifestyle center - 178,202 SF Retail Redevelopment Opportunity
    Where is this lifestyle center located?
    The property is located at 635 Dutchess Tpke Arlington, NY.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: $8,000,000 asking price for a 178,202 SF shopping center.; Located at 635 Dutchess Turnpike, Poughkeepsie, NY, in Dutchess County.; Currently vacant, offering a retail redevelopment opportunity.
    Request Owner's contact information
    635 Dutchess Tpke Arlington, NY 12604
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    Arlington, NY 12604
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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
    635 Dutchess Tpke Arlington, NY 12604
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