19 Locust Ln East Fishkill, NY 12533
- Land
- 6.59 lot acres
Current Use by Public Records
- Land
Property Details for 19 Locust Ln
- Lot size
- 6.59 lot acres
- Property type
- Land
Description
This exceptional 6.59-acre commercial lot, located at 19 Locust Ln in East Fishkill, NY (zip code 12533), presents a unique investment opportunity. Situated on Route 52 at a signalized intersection, this property boasts a highly visible location between two existing commercial properties. Its proximity to Ipark (IBM-Global Foundries) and John Jay High School ensures high traffic volume and strong visibility. The zoning is Commercial, making it ideal for various uses including free-standing retail, retail strips, and banks. The lot, encompassing approximately 287,060 square feet, offers a land value of $180 per square foot, with an asking price of $1,550,000. While the entire parcel is 6.59 acres, it's estimated that 4.5 to 5 acres are developable. Municipal water and sewer are conveniently located nearby. The land gently slopes upward from Route 52, then levels off, providing a versatile building site. This high-growth area is experiencing significant development, including the recently approved 631,000 square foot Amazon warehouse and ongoing expansion at Ipark, making this a prime location for future commercial success. This property offers significant potential for investors seeking a strategic location in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Fishkill
- County
- Dutchess
- State
- New York
- Longitude
- -73.8335
- Latitude
- 41.5438
