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    66 At Merle Ave Hudson, NY 12534

    Sponsored
    For Sale
    $650,000

    Prime 5-acre development site in Hudson, NY.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in the vibrant Hudson, New York market. Strategically located at the intersection of NYS Route 66 and Merle Avenue in Columbia County, this property boasts significant frontage on both major roadways: 531.73 feet on Merle Avenue and 400 feet on NYS Route 66 (also known as Union Turnpike). The site is serviced by readily available town water and sewer, as well as gas and electric utilities, ensuring seamless infrastructure for development. Zoning permits a variety of uses, including artist housing, hotel accommodations, and industrial research and development facilities, offering considerable flexibility for prospective developers. The asking price for this prime development land is $650,000. Its ideal location and versatile zoning make it an attractive proposition for investors seeking to capitalize on Hudson's thriving growth and diverse economic landscape. The property's substantial size and prominent road frontage provide ample space for a wide range of development projects, catering to various market demands. This is a rare opportunity to acquire a significant land parcel in a desirable location with excellent infrastructure and diverse development potential. The 12534 zip code offers easy access to local amenities and transportation networks.

    Property Features for 66 At Merle Ave

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • Prime 5‑acre commercial lot at NYS Route 66 & Merle Ave, Hudson, NY.
    • Town water and sewer available.
    • Gas and electric utilities on‑site.
    • 531.73 feet of frontage on Merle Avenue.
    • 400 feet of frontage on NYS Route 66 (Union Turnpike).
    • Zoned for artist housing, hotel, industrial R&D, and other uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hudson
    County
    Columbia
    State
    New York
    Longitude
    -73.762481
    Latitude
    42.250691

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    FAQs

    What type of property is this?
    Land - Prime 5-acre development site in Hudson, NY.
    Where is this land located?
    The property is located at 66 At Merle Ave Hudson, NY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Prime 5-acre commercial lot at NYS Route 66 & Merle Ave, Hudson, NY.; Town water and sewer available.; Gas and electric utilities on-site.
    Request Owner's contact information
    66 At Merle Ave Hudson, NY 12534
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    Hudson, NY 12534
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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
    66 At Merle Ave Hudson, NY 12534
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