Technical
Financial
Distress signals
Property profile

0 South Ave Poughkeepsie, NY 12601

OFF-MARKET
Land
2.77 ac lot
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Property summary

AI-generated overview

This exceptional 2.768-acre development site in Poughkeepsie, NY, presents a unique investment opportunity. Strategically located on South Avenue, the property boasts 234.7 feet of frontage on US Route 9 and 351.8 feet of frontage on South Avenue, ensuring high visibility and accessibility. Its proximity to Vassar Brothers Medical Center and the Mid-Hudson Bridge makes it an ideal gateway site for a variety of uses. The zoning designation, R-D (Research & Development District), per the City of Poughkeepsie Zoning Code, opens possibilities for medical practices, physician groups, research and development facilities, hotels, and mid-rise residential buildings. The site's location near the major feeder road, Market Street, which leads into the Poughkeepsie Business District, further enhances its appeal. The asking price for this exceptional property is $1,250,000. This is a rare chance to acquire a substantial parcel of land in a thriving area with significant development potential.

Property profile

Verified
Property type Land
Lot 2.77 ac (120,574 SF)

Cap rate & NOI

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

Location

South Ave Poughkeepsie, NY 12601
Poughkeepsie metro
Google Maps

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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