73 Little York Rd Warwick, NY 10990
- Commercial real estate
- 10,000 SF
- 31.00 lot acres
Current Use by Public Records
- Scheuermann Farms & Greenhouses / Plant Nursery / Greenhouse
Property Details for 73 Little York Rd
- Lot size
- 31.00 lot acres
- Property size
- 10,000 SF
- Property type
- Commercial real estate
Description
Exceptional investment opportunity: The Scheuermann Farm and Garden Center, a renowned 5th-generation family-owned operation in Warwick, NY, presents a unique blend of agricultural, residential, and retail uses. This 31-acre property boasts 10,000 square feet of space across six buildings, including 10,000 square feet of greenhouses, multiple barns, a shop, and an updated main house. Currently operating at 100% occupancy with two tenants, the property generates a strong pro-forma NOI of $168,681, representing a 7.04% cap rate. The asking price is $2,395,000 ($239.50/sq ft). Eleven residential units are included. The property sits on 10 separate parcels of prime black dirt land, zoned AI Agricultural Industrial, offering significant expansion potential. Its strategic location near successful wineries and distilleries, coupled with breathtaking farm and mountain views, makes it an ideal location for various ventures, including a brew pub, distillery, or wedding venue. This multi-faceted property offers a rare combination of established income streams and significant upside potential for a savvy owner/user. The property includes a gift shop and benefits from its well-known reputation within the community.
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
- Warwick
- County
- Orange
- State
- New York
- Longitude
- -74.4481
- Latitude
- 41.291923
