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    OFF-MARKET
    Land

    4242 Us Rt 20, Castleton-on-Hudson, NY 12033

    71.03 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 71.03-acre parcel of land, located at 4242 US Rt 20 in Castleton-on-Hudson, New York (zip code 12033, APN 200.-7-2.1), presents a significant development opportunity. Situated in Rensselaer County, this property is zoned Highway Commercial, offering a wide range of potential uses. The asking price is $350,000, translating to a land value of $4,927.50 per acre. A key advantage is the availability of public water at the street, serviced by a 12-inch main, eliminating the need for costly well installation. The expansive lot size provides ample space for various commercial ventures, making it an attractive investment for developers and businesses seeking a strategic location in the Schodack/Castleton area. Its convenient highway access ensures high visibility and easy accessibility for customers and employees. This property is ready for immediate development, offering a rare opportunity to acquire a substantial commercial land parcel in a desirable location. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 71.03 ac (3,094,067 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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    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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