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    31 Kerr Rd Poughkeepsie, NY 12601

    Sponsored
    For Sale
    $7,000,000

    143 Acres, Poughkeepsie, NY - Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 143.53-acre development site presents a remarkable investment opportunity in Poughkeepsie, New York. Strategically located near US Route 9 and South Road, this property boasts high visibility and accessibility, with a combined area traffic count of 44,854 AADT. The land is comprised of two parcels: Parcel A (25.83 acres) is zoned B-NH (Neighborhood Highway Business), while Parcel B (117.70 acres) is zoned R-1.5A (Residential, Single Family). This dual zoning allows for a variety of development possibilities, combining commercial and residential potential. The site offers convenient access via US Route 9/South Road, with secondary access through Country Club Estates. Essential utilities, including municipal water, sewer, and gas, are readily available. Proximity to major transportation arteries enhances its appeal: it's just 14 minutes from the Mid-Hudson Bridge and Metro-North Hudson Line train station, 18 minutes from the Taconic State Parkway, and within easy reach of Interstates 84 and 87. Nearby retail centers such as the Poughkeepsie Galleria, South Hills Mall, and Chestnut Plaza further solidify its strategic location. This prime location, coupled with its substantial size and versatile zoning, makes this property an ideal platform for a significant development project. The asking price is $7,000,000.

    Property Features for 31 Kerr Rd

    General Information

    Property type
    Land
    Lot Size
    6,252,167 SF

    HighLights

    • 143.53‑acre development site in Poughkeepsie, NY, offering high visibility and accessibility near US Route 9 and South Road (44,854 AADT).
    • Two parcels: 25.83 acres zoned B‑NH and 117.70 acres zoned R‑1.5A, allowing for mixed‑use development.
    • Convenient access via US Route 9/South Road and Country Club Estates; municipal water, sewer, and gas available.
    • Prime location, 14 minutes from Mid‑Hudson Bridge & Metro‑North, 18 minutes from Taconic State Parkway, near I‑84 & I‑87, and major retail centers.
    • Asking price: $7,000,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.913308
    Latitude
    41.638546

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    FAQs

    What type of property is this?
    Land - 143 Acres, Poughkeepsie, NY - Prime Location
    Where is this land located?
    The property is located at 31 Kerr Rd Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: 143.53-acre development site in Poughkeepsie, NY, offering high visibility and accessibility near US Route 9 and South Road (44,854 AADT).; Two parcels: 25.83 acres zoned B-NH and 117.70 acres zoned R-1.5A, allowing for mixed-use development.; Convenient access via US Route 9/South Road and Country Club Estates; municipal water, sewer, and gas available.
    Request Owner's contact information
    31 Kerr Rd Poughkeepsie, NY 12601
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    Poughkeepsie, NY 12601
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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
    31 Kerr Rd Poughkeepsie, NY 12601
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