Property profile

1655 Ny-17M Goshen, NY 10924

OFF-MARKET
Warehouses
6 ac lot
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Property summary

AI-generated overview

This exceptional 6-acre industrial land parcel in Goshen, Orange County, NY, presents a compelling investment opportunity for developers. Located at 1655 NY-17M, zip code 10924, this property is ideally suited for the construction of either a self-storage facility or a warehouse. The site benefits from its strategic location near Middletown and Newburgh, NY, and its proximity to Route 17, a major thoroughfare boasting an average daily traffic count of 58,000 vehicles. This high traffic volume, coupled with the area's strong demographics – including an average household income of $138,000 within a four-mile radius and a population exceeding 30,000 within five miles – creates a robust potential customer base. The current market exhibits high rents and low vacancy rates for both self-storage and warehouse space, with self-storage averaging over $22 per square foot. The property's size allows for flexible design and layout to accommodate diverse storage needs. The seller is open to both an outright sale or a joint venture partnership. This presents a unique chance to capitalize on the growing demand for storage and warehouse solutions in a thriving market, just 90 minutes from New York City, making it attractive for weekend storage needs. The property is zoned for industrial use.

Property profile

Verified
Property type Warehouses
Lot 6 ac (261,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1655 Ny-17M Goshen, NY 10924
Goshen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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