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    86 State Route 17 K Montgomery, NY 12549

    Sponsored
    For Sale
    $1,300,000

    10,800 SF, 4.4 Acres, High Income Potential

    Property size:
    10,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property in Montgomery, NY, presents a compelling investment opportunity. Situated on a sizable 4.4-acre lot at 86 State Route 17K # 680, this 10,800 square foot property boasts a blend of residential and commercial components. The commercial space includes a dedicated car lot, perfect for automotive sales or service businesses. The residential portion comprises two ranch-style homes; one featuring three bedrooms and two bathrooms, and the other offering three bedrooms and one bathroom. Built in 1956, these well-maintained structures minimize upkeep costs, maximizing your return on investment. The property's prime location in Montgomery offers easy access to major highways, public transportation, local shops, and restaurants, enhancing its appeal to both residents and businesses. The expansive lot provides significant potential for future development or expansion, adding further value to this already lucrative investment. Detailed financial records are available upon request, providing a transparent view of revenue and operational expenses. This is a rare chance to acquire a profitable, mixed-use property with significant upside potential in a desirable New York location. The property is a single-story building.

    Property Features for 86 State Route 17 K

    General Information

    Property type
    Land
    Square Feet
    10,800 SF
    Lot Size
    191,664 SF

    Building Details

    Year Built
    1956
    Stories
    1

    HighLights

    • $1,300,000 asking price.
    • Mixed‑use property encompassing 10,800 square feet on a 4.4‑acre lot.
    • Located in Montgomery, NY, offering convenient access to highways and amenities.
    • Features a commercial car lot and two single‑family homes (one 3‑bed/2‑bath, one 3‑bed/1‑bath).
    • Built in 1956, this one‑story property presents potential for future development or expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Orange
    State
    New York
    Longitude
    -74.1615721
    Latitude
    41.5251652

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    FAQs

    What type of property is this?
    Land - 10,800 SF, 4.4 Acres, High Income Potential
    Where is this land located?
    The property is located at 86 State Route 17 K Montgomery, NY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: $1,300,000 asking price.; Mixed-use property encompassing 10,800 square feet on a 4.4-acre lot.; Located in Montgomery, NY, offering convenient access to highways and amenities.
    Request Owner's contact information
    86 State Route 17 K Montgomery, NY 12549
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    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
    86 State Route 17 K Montgomery, NY 12549
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