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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1289 South Rd Wappingers Falls, NY 12590

19,500 SF
Property ID
Property summary
AI-generated overview

This exceptional 19,500 square foot multi-tenant retail center, located at 1289 South Rd, Wappingers Falls, NY 12590, presents a compelling investment opportunity. Boasting 90% occupancy and a prime location on US Route 9, this property benefits from high visibility and significant traffic volume (32,553 AADT). The center is strategically situated near Interstate 84 and the Newburgh-Beacon Bridge, providing excellent access for customers and employees. Its proximity to Dutchess Community College South Campus and Adams Fairacre Farms further enhances its appeal. The property also enjoys convenient access to the New Hamburg Metro-North Railroad Station, offering a commuter-friendly location. Current tenants include a diverse mix of businesses, ensuring a stable income stream. The asking price is $3,100,000, translating to $158.97 per square foot. This represents a strong value proposition in a thriving commercial corridor. This property is ideal for investors seeking a well-established, high-traffic retail investment with strong potential for future growth.

Property profile
Verified
Property type Retail properties & Spaces
Total area 19,500 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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