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    674 Rte 17K Montgomery, NY 12549

    Sponsored
    For Sale
    Contact for pricing

    18 Acres, Approved Self Storage Plans

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 18-acre parcel in Montgomery, New York, presents a unique investment opportunity. Located at 674 Route 17K, Orange County, NY 12549 (41.5253539, -74.1603641), this commercially zoned land boasts fully approved plans for the construction of a substantial 162,000 square foot self-storage facility. The development plan encompasses a four-phase rollout, incorporating approximately 40,000 square feet of climate-controlled units. This prime location offers unparalleled convenience, with easy access to major transportation arteries including Route 84, Stewart International Airport, and the New York State Thruway. The property's size and strategic location make it ideally suited for a large-scale self-storage development, promising significant returns for the discerning investor. All necessary approvals are in place, streamlining the development process and minimizing potential delays. This is a rare opportunity to acquire a fully permitted site ready for immediate development in a high-demand market. Don't miss out on this exceptional chance to capitalize on the growing self-storage sector in a prime New York location. Contact us today to learn more about this remarkable investment prospect.

    Property Features for 674 Rte 17K

    General Information

    Property type
    Land
    Lot Size
    784,080 SF

    HighLights

    • 162,000 SF fully approved self‑storage facility.
    • 162,000 SF building on over 18 acres.
    • 40,000 SF of climate‑controlled storage units.
    • Four‑phase development plan.
    • Excellent access to Route 84, Stewart Airport, and the New York State Thruway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Orange
    State
    New York
    Longitude
    -74.1603641
    Latitude
    41.5253539

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    FAQs

    What type of property is this?
    Land - 18 Acres, Approved Self Storage Plans
    Where is this land located?
    The property is located at 674 Rte 17K Montgomery, NY.
    What are key features of this property?
    This property features: 162,000 SF fully approved self-storage facility.; 162,000 SF building on over 18 acres.; 40,000 SF of climate-controlled storage units.
    Request Owner's contact information
    674 Rte 17K Montgomery, NY 12549
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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
    674 Rte 17K Montgomery, NY 12549
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