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    OFF-MARKET
    Land

    32 Gibbs Ct, Middletown, NY 10940

    7.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.5-acre commercial land parcel presents a remarkable investment opportunity in Middletown, New York. Located at 32 Gibbs Ct, within the bustling Town Center zoning district, this property boasts significant advantages for a wide range of commercial ventures. The site is conveniently situated across from a Walmart Supercenter and Orange Plaza, ensuring high visibility and accessibility to a substantial customer base. All necessary improvements, including roads and utilities, are already in place, significantly reducing development costs and timelines. The property's strategic location within Orange County's busiest corridor makes it ideal for a variety of uses, including but not limited to retail establishments, a nursing home, assisted living facility, gas station with convenience store, car wash, hotel, or self-storage facility. The asking price for this ready-to-develop land is $1,200,000. The property's APN is 335200-050-000-0002-066.000-0000. Water and sewer are readily available. This is a rare opportunity to acquire a prime commercial site in a high-demand location with exceptional potential for significant return on investment. The property is offered for sale by owner. Don't miss this chance to secure your place in Middletown's thriving commercial landscape.

    Property profile
    Verified
    Property type Land
    Lot 7.5 ac (326,700 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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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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