0 Plattekill Tpke, Newburgh, NY 12550
This exceptional 1.6-acre parcel of vacant land presents a unique investment opportunity in the thriving Gardnertown area of Newburgh, New York. Located directly off Route 300 (Plattekill Turnpike), this property boasts an IB zoning designation, allowing for a wide range of commercial developments. Potential uses, subject to necessary approvals, include storage facilities, truck loading areas, office spaces, and manufacturing plants. The strategic location offers easy access to major transportation arteries, including Interstate 84, the New York State Thruway (Interstate 87), and Route 32, ensuring excellent connectivity for businesses. The property benefits from the proximity of established businesses, creating a synergistic environment. Municipal water is conveniently located within 10 feet of the property line. Access is provided via Little Brook Lane, a private road; however, the buyer will be responsible for completing the latter portion of the road's installation. A pre-existing Private Road Maintenance agreement is in place and available for review. This offering also presents the potential to acquire an additional 10+ acres of adjacent land, providing significant expansion opportunities. The property's APN is 334600-034-000-0001-058.230-0000. The asking price for this exceptional commercial land is $259,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.