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    Richwood Dr Castleton-on-Hudson, NY 12033

    Sponsored
    For Sale
    $420,000

    4.28 Acres, Route 9 Frontage, PD3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.28-acre commercial land parcel presents a prime development opportunity in Castleton-on-Hudson, NY. Located at 0 Richwood Drive, this relatively flat lot boasts excellent visibility and accessibility, with frontage on both Route 9 and Richwood Drive. The property is conveniently situated near I-90, with easy access via exits 11 and 12, placing it within close proximity to major transportation arteries. Its strategic location is further enhanced by its proximity to the Amazon traffic light, approximately 800 feet to the north. The existing PD-3 zoning allows for a diverse range of commercial uses, providing flexibility for various development plans. A significant advantage is the recently extended municipal water and sewer infrastructure readily available at Route 9, eliminating a major hurdle in the development process. This ready-to-develop site offers a unique combination of location, zoning, and infrastructure, making it an ideal investment for discerning developers seeking a high-impact commercial project in a thriving area. The asking price for this exceptional opportunity is $420,000. The property's address is 0 Richwood Dr, Castleton on Hudson, NY 12033, and is situated in Rensselaer County.

    Property Features for 0 Richwood Dr

    General Information

    Property type
    Land
    Lot Size
    186,437 SF

    HighLights

    • Excellent I‑90 highway access via Exits 11 and 12.
    • 800 feet north of the Amazon traffic signal.
    • Frontage on Richwood Road and Route 9.
    • PD‑3 zoning.
    • Water and sewer available at Route 9.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Castleton-on-Hudson
    County
    Rensselaer
    State
    New York
    Longitude
    -73.67492236193
    Latitude
    42.545905700679

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 4.28 Acres, Route 9 Frontage, PD3 Zoning
    Where is this land located?
    The property is located at Richwood Dr Castleton-on-Hudson, NY.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: Excellent I-90 highway access via Exits 11 and 12.; 800 feet north of the Amazon traffic signal.; Frontage on Richwood Road and Route 9.
    (518) 618-0590
    Request Owner's contact information
    Richwood Dr Castleton-on-Hudson, 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
    Richwood Dr Castleton-on-Hudson, NY 12033
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