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Property profile & analytics
OFF-MARKET
Land

0 South Ave Poughkeepsie, NY 12601

2.77 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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