0 South Ave Poughkeepsie, NY 12601
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.