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    4242 Us Rt 20 Castleton-on-Hudson, NY 12033

    Sponsored
    For Sale
    $350,000

    Highway Commercial zoned land, ideal for development. Excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 71.03-acre parcel of land, located at 4242 US Rt 20 in Castleton-on-Hudson, New York (zip code 12033, APN 200.-7-2.1), presents a significant development opportunity. Situated in Rensselaer County, this property is zoned Highway Commercial, offering a wide range of potential uses. The asking price is $350,000, translating to a land value of $4,927.50 per acre. A key advantage is the availability of public water at the street, serviced by a 12-inch main, eliminating the need for costly well installation. The expansive lot size provides ample space for various commercial ventures, making it an attractive investment for developers and businesses seeking a strategic location in the Schodack/Castleton area. Its convenient highway access ensures high visibility and easy accessibility for customers and employees. This property is ready for immediate development, offering a rare opportunity to acquire a substantial commercial land parcel in a desirable location. Serious inquiries are encouraged.

    Property Features for 4242 Us Rt 20

    General Information

    Property type
    Land
    Lot Size
    3,094,067 SF

    HighLights

    • Prime location.
    • 71‑acre parcel available.
    • Highway Commercial zoning.
    • City water available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Castleton-on-Hudson
    County
    Rensselaer
    State
    New York
    Longitude
    -73.712479
    Latitude
    42.5338243

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Highway Commercial zoned land, ideal for development. Excellent location.
    Where is this land located?
    The property is located at 4242 Us Rt 20 Castleton-on-Hudson, NY.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Prime location.; 71-acre parcel available.; Highway Commercial zoning.
    Request Owner's contact information
    4242 Us Rt 20 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

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    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
    4242 Us Rt 20 Castleton-on-Hudson, NY 12033
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