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    South Ave Poughkeepsie, NY 12601

    Sponsored
    For Sale
    $1,250,000

    2.768 acres, prime location, high visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 2.768-acre development site in Poughkeepsie, NY, presents a unique investment opportunity. Strategically located on South Avenue, the property boasts 234.7 feet of frontage on US Route 9 and 351.8 feet of frontage on South Avenue, ensuring high visibility and accessibility. Its proximity to Vassar Brothers Medical Center and the Mid-Hudson Bridge makes it an ideal gateway site for a variety of uses. The zoning designation, R-D (Research & Development District), per the City of Poughkeepsie Zoning Code, opens possibilities for medical practices, physician groups, research and development facilities, hotels, and mid-rise residential buildings. The site's location near the major feeder road, Market Street, which leads into the Poughkeepsie Business District, further enhances its appeal. The asking price for this exceptional property is $1,250,000. This is a rare chance to acquire a substantial parcel of land in a thriving area with significant development potential.

    Property Features for 0 South Ave

    General Information

    Property type
    Land
    Lot Size
    120,574 SF

    HighLights

    • 2.768‑acre development site in Poughkeepsie, NY, priced at $1,250,000.
    • High visibility with 234.7 ft of US Route 9 frontage and 351.8 ft of South Avenue frontage.
    • R‑D (Research & Development) zoning allows for medical, residential, and hospitality uses.
    • Prime location near Vassar Brothers Medical Center, Mid‑Hudson Bridge, and Market Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.9315511
    Latitude
    41.6938833

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    FAQs

    What type of property is this?
    Land - 2.768 acres, prime location, high visibility
    Where is this land located?
    The property is located at South Ave Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 2.768-acre development site in Poughkeepsie, NY, priced at $1,250,000.; High visibility with 234.7 ft of US Route 9 frontage and 351.8 ft of South Avenue frontage.; R-D (Research & Development) zoning allows for medical, residential, and hospitality uses.
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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
    South Ave Poughkeepsie, NY 12601
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