Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1379 Us-9 Wappingers Falls, NY 12590

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1379 Us-9 Wappingers Falls, NY 12590

    View on Map
    • Retail properties & Spaces
    • 15,410 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1379 Us-9

    Property size
    15,410 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 1379 Route 9 in Wappingers Falls, NY, offers 15,410 square feet of space, with 3,167 square feet currently vacant. The property boasts a prime location along Route 9 (Albany Post Road), experiencing a daily traffic count of 47,574 vehicles. Three available spaces range from 1,020 to 2,147 square feet, with the potential to combine spaces for larger tenants. The property includes 103 parking spaces and benefits from strong co-tenancy with established businesses such as Ulster Savings Bank, Verizon, Miracle Ear, and Heritage Food + Drink. The area is further enhanced by a vibrant retail environment including BJ's Wholesale Club, Walgreens, Home Depot, and many other national brands. The property is situated in Dutchess County, NY, zip code 12590. Taxes are $9.50 per square foot, and rent is $30.00 per square foot, with common area maintenance and taxes at an additional $9.95 per square foot. This presents a remarkable opportunity for businesses seeking high visibility and strong foot traffic in a thriving retail corridor. The property's size and flexible space options cater to a variety of retail needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wappingers Falls
    County
    Dutchess
    State
    New York
    Longitude
    -73.9096
    Latitude
    41.5824

    Comparable in this City

    • Value Estimation by Request
      59,233 SF

      942 Ny-376

      Office Units • 59,233 SF
      942 Ny-376, Wappingers Falls, NY 12590
      View Details
    • Value Estimation by Request
      58,574 SF

      1701 Us-9

      Retail properties & Spaces • 58,574 SF
      1701 Us-9, Wappingers Falls, NY 12590
      View Details
    • Value Estimation by Request
      6,902 SF

      787 Sergeant Palmateer Way

      Individual retail properties • 6,902 SF
      787 Sergeant Palmateer Way, Wappingers Falls, NY 12590
      View Details
    • Value Estimation by Request
      5,257 SF

      1001 Ny-376

      Medical Office Space • 5,257 SF
      1001 Ny-376, Wappingers Falls, NY 12590
      View Details
    • Value Estimation by Request
      1,904 SF

      1546 Us-9

      Restaurants • 1,904 SF
      1546 Us-9, Wappingers Falls, NY 12590
      View Details
    • Value Estimation by Request
      13,260 SF

      2238 Rte 9d

      NURSERY, GREENHOUSE, FLORIST • 13,260 SF
      2238 Rte 9d, Wappingers Falls, NY 12590-3958
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Property in Wappingers Falls

      Retail property for sale in Wappingers Falls, New York.
      1605 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • $895,000
      2,700 SF

      Wappingers Falls Retail/Office Building

      Retail/office building for sale in Wappingers Falls, NY.
      1622 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • $675,000

      Established Pizzeria and Italian Restaurant

      Turn-key restaurant with dine-in, take-out, and catering in Dutchess County.
      1574 Route 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      4,883 SF

      Established Restaurant with Long-Term Lease

      Long-term leased restaurant property with strong tenant and high traffic.
      1178 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • $699,000
      4,300 SF

      Wappingers Falls Commercial Building For Sale

      Commercial building with restaurant/bar and apartments in Wappingers Falls.
      2555-2557 South Ave, Wappingers Falls, NY 12590
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Wappingers Falls

      Retail spaces available near McDonald’s, CrossFit, and other businesses.
      962 Ny-376, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      2,700 SF

      Wappingers Falls Retail/Office Space

      Office or retail building for lease on US Route 9.
      1622 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • $1,979 /Mo

      Versatile Commercial Space in Wappingers

      Adaptable commercial space suitable for retail, office, or service businesses.
      10 Market St, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      666 SF

      Retail/Office Space on Route 9

      Retail or office space for rent in Wappingers Falls.
      1562 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      22,198 SF

      Retail Space in Wappingers Falls

      58,678 SF shopping center with high visibility.
      1701 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing

      Wappingers Falls Commercial Space

      Commercial space available for rent in Wappingers Falls, NY.
      942 Ny-376, Wappingers Falls, NY 12590
      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.
    1379 Us-9
    Wappingers Falls, NY 12590
    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.
    Sign Up Successful!
    You now have access to more from Realmo!