Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    US-9 Park-20 Brookview, NY 12065

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for US-9 Park-20

    Property type
    Land

    Description

    This exceptional 13.14-acre commercial land parcel presents a unique investment opportunity in Brookview, New York. Strategically located at the intersection of NYS Route 150, US Route 9, and US Route 20, this site boasts unparalleled visibility and accessibility for businesses seeking high-traffic exposure. The property is zoned PD-3 planned development, offering flexibility for a wide range of commercial uses. With its substantial size and prime location, this land is ideal for developers seeking to construct a large-scale commercial project. The single-tenant designation allows for streamlined development and management. The property's address is PARK-20 US-9, Brookview, NY 12065, offering easy access to major transportation routes and a thriving local community. Given its size and zoning, this site is suitable for a variety of commercial ventures, from retail and office spaces to light industrial facilities. The property's location at a major intersection ensures high visibility and accessibility, making it an attractive option for businesses seeking to establish a strong presence in the area. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand location. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brookview
    County
    State
    New York
    Longitude
    -73.6749
    Latitude
    42.5529

    Comparable in this City

    • Value Estimation by Request
      10.24 Acres

      Rte

      Land • 10.24 Acres
      0 Rte, Halfmoon, NY 12065
      View Details
    • Value Estimation by Request
      4.50 Acres

      1804 Route 9

      Land • 4.50 Acres
      1804 Route 9, Halfmoon, NY 12065
      View Details
    • Value Estimation by Request
      2.25 Acres

      9 Emma Ln

      Medical offices • 11,750 SF
      9 Emma Ln, Latham, NY 12065
      View Details
    • Value Estimation by Request
      13.18 Acres

      4 Synergy Park Dr

      Land • 13.18 Acres
      4 Synergy Park Dr, Clifton Park, NY 12065
      View Details
    • Value Estimation by Request
      159,865 SF

      L69.1 Plank Rd

      Land • 159,865 SF
      0 L69.1 Plank Rd, Clifton Park, NY 12065
      View Details
    • Value Estimation by Request
      0.73 Acres

      865 Ny-146

      Medical offices • 1,420 SF
      865 Ny-146, Clifton Park, NY 12065
      View Details

    Similar Nearby for Sale

    • $790,000
      2.25 Acres

      Latham, NY Medical Office Complex

      Prime 2.25-acre medical/office opportunity.
      9 Emma Ln, Latham, NY 12065
      View Details
    • $2,137,500
      4.50 Acres

      Prime 4.5-Acre Commercial Land in Halfmoon, NY

      Route 9 Frontage, High-Traffic Location, Ready to Develop
      1804 Route 9, Halfmoon, NY 12065
      View Details
    • $89,900
      159,865 SF

      Clifton Park Commercial Land Opportunity

      Prime Retail Land, 159,865 SF, NY
      0 L69.1 Plank Rd, Clifton Park, NY 12065
      View Details
    • $750,000

      Clifton Park Commercial Land

      Prime Clifton Park location, high-density zoning.
      607 Old Route 146, Clifton Park, NY 12065
      View Details
    • $175,000

      Land For Sale

      Land available for purchase.
      279 Ushers Rd, Clifton Park, NY 12065
      View Details
    • $172,999

      3.5 Acre Parcel on Route 9

      3.5 acre commercial land parcel with Route 9 exposure.
      L79 Route 9, Clifton Park, NY 12065
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr

      Vacant Land for Development

      Vacant land available for development.
      1739 Route 9, Halfmoon, NY 12065
      View Details
    • $18 SF/Yr
      98,956 SF

      Office Spaces in Shopping Center

      Two office spaces available in a busy shopping center.
      7 Southside Dr, Clifton Park, NY 12065
      View Details
    • $16 SF/Yr
      183,632 SF

      Shopping Center with Retail Opportunities

      180,000 SF shopping center anchored by Hannaford and PetSmart.
      19 Clifton Country Rd, Clifton Park, NY 12065
      View Details
    • Contact for pricing
      9,304 SF

      Retail Space in Clifton Park

      9,304 SF retail space available in Clifton Park, NY.
      54 Crossing Blvd, Clifton Park, NY 12065
      View Details
    • $12 SF/Yr

      Office Space with Suites

      Office space featuring multiple suites, reception, and flexible layout.
      14 Corporate Dr, Halfmoon, NY 12065
      View Details
    • Contact for pricing
      4,000 SF

      Executive Woods Office Space

      Office space available for rent in Clifton Park, NY.
      855 Route 146, Clifton Park, NY 12065
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    US-9 Park-20
    Brookview, NY 12065
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.