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    5316 Route 9W Newburgh, NY 12550

    Sponsored
    For Lease
    $84,000

    1.3 Acres, High Traffic, Development Potential

    Lot size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1.3-acre commercial/industrial property in Orange County, NY, offers significant development potential. Currently featuring a 1,600 sq ft building (suitable for repurposing or demolition), the site boasts 206 feet of frontage on Route 9W, with an average daily traffic count of 20,000 vehicles. The B/LHI zoning allows for diverse uses including retail, restaurants, offices, banks, dispensaries, motor vehicle businesses (gas station, repair, car wash), hotels, motels, and daycare facilities. The property includes 40 parking spaces and is conveniently located 3 miles north of the Newburgh/Beacon Bridge. A portion of the land is currently leased for truck parking, offering an additional income stream for a potential buyer. The area is experiencing growth, with numerous nearby apartment complexes and further development planned. A recently constructed U-Haul storage facility across the street further underscores the area's commercial viability. This property presents a unique opportunity for investors and developers seeking a high-traffic location with flexible zoning and substantial development potential.

    Property Features for 5316 Route 9W

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,600 SF
    Total Rate
    84000

    Unit(s) available at that property

    Space
    Size
    56,628 SF
    Rate per SF
    $168,000

    HighLights

    • 1.3‑acre commercial/industrial lot in Orange County, NY with significant development potential.
    • 1,600 sq ft existing building (repurposable or demo‑able).
    • 206' of frontage on Route 9W, 20,000 ADT.
    • B/LHI zoning allows diverse uses including retail, restaurants, and more.
    • 40 parking spaces.
    • 3 miles north of the Newburgh/Beacon Bridge.
    Property Profile Location Intelligence

    Current Use by Public Records

    Del's Deli Deli LibertyX Bitcoin ATM Atm ATM Atm Western Union Money Transfer Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.004046556146
    Latitude
    41.557353793237

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    FAQs

    What type of property is this?
    Land - 1.3 Acres, High Traffic, Development Potential
    Where is this land located?
    The property is located at 5316 Route 9W Newburgh, NY.
    What is the lease rate?
    The lease rate is $168,000.
    What are key features of this property?
    This property features: 1.3-acre commercial/industrial lot in Orange County, NY with significant development potential.; 1,600 sq ft existing building (repurposable or demo-able).; 206' of frontage on Route 9W, 20,000 ADT.
    Request Owner's contact information
    5316 Route 9W 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
    5316 Route 9W Newburgh, NY 12550
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