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    OFF-MARKET
    Land

    0 Plattekill Tpke, Newburgh, NY 12550

    1.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.6 ac (69,696 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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