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    740 Southwoods Dr Monticello, NY 12701

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    For Sale
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    Versatile 2-building complex, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 740 Southwoods Drive in Monticello, NY, 12701, presents a unique investment opportunity. Situated on a 2.2-acre lot with Highway Commercial zoning, this property boasts two buildings offering a diverse range of spaces. The main building features a 1,800 square foot house with three bedrooms, two bathrooms, a kitchen, living room, outside patio, and attic. The house includes gas heat and window air conditioning. The property also includes a 3,000 square foot warehouse space. The lower level of the warehouse has windows and 7-foot ceilings, while the ground floor offers 9 to 12-foot ceilings and a drive-in feature. The property benefits from excellent visibility and signage, easy access from Route 17, and proximity to downtown Monticello. Utilities include gas heat, a septic tank, and well water. This versatile property is suitable for a variety of commercial, industrial, and medical office uses, making it an attractive option for investors seeking a multi-faceted investment in Sullivan County, New York. The property's zoning and location offer significant potential for growth and development.

    Property Features for 740 Southwoods Dr

    General Information

    Property type
    Medical offices
    Lot Size
    95,832 SF

    Building Details

    Buildings
    2

    HighLights

    • Gas heat, septic system, and well water.
    • High visibility and excellent signage opportunities.
    • Convenient access from Route 17.
    • Close proximity to Monticello's downtown area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Food Market Grocery Store Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Sullivan
    State
    New York
    Longitude
    -74.6383779
    Latitude
    41.6396269

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    FAQs

    What type of property is this?
    Medical office - Versatile 2-building complex, ideal for various uses.
    Where is this medical office located?
    The property is located at 740 Southwoods Dr Monticello, NY.
    What are key features of this property?
    This property features: Gas heat, septic system, and well water.; High visibility and excellent signage opportunities.; Convenient access from Route 17.
    Request Owner's contact information
    740 Southwoods Dr Monticello, NY 12701
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    Monticello, NY 12701
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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
    740 Southwoods Dr Monticello, NY 12701
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