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    5321 Us-44 Amenia, NY 12501

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    5321 Us-44 Amenia, NY 12501

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    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 5321 Us-44

    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    This single-tenancy retail/office building is ideally located at 5321 US-44 in Amenia, NY, 12501, within Dutchess County. The property enjoys a prominent position along a major thoroughfare, offering excellent visibility and accessibility. Situated in the picturesque Hudson Valley, Amenia combines rural charm with convenient access to urban amenities. The building's location benefits from its proximity to State Route 343, a state highway traversing both New York and Connecticut, providing access to a wider regional market. This strategic location within Amenia, a town known for its scenic beauty and historic character, presents a unique opportunity for businesses seeking a blend of tranquility and accessibility. The property is currently available for lease and is well-suited for a variety of retail or office uses. Further details regarding square footage, lease terms, and other specifics are available upon request. This presents a rare chance to establish a presence in a thriving community with strong potential for growth and success. The property's location along a well-traveled route ensures high visibility and convenient access for customers and employees alike. The surrounding area offers a mix of residential and commercial properties, creating a vibrant and diverse community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amenia
    County
    Dutchess
    State
    New York
    Longitude
    -73.5586
    Latitude
    41.8493

    Comparable in this City

    • Value Estimation by Request
      6,980 SF

      3387 Ny-343

      Automotive properties • 6,980 SF
      3387 Ny-343, Amenia, NY 12501
      View Details
    • Value Estimation by Request
      2,178 SF

      3312 Rte 343

      OFFICE BUILDING • 2,178 SF
      3312 Rte 343, Amenia, NY 12501
      View Details
    • Value Estimation by Request
      8,718 SF

      4974 Rte 22

      OFFICE BUILDING • 8,718 SF
      4974 Rte 22, Amenia, NY 12501-5353
      View Details
    • Value Estimation
      $3,125,000
      22,731 SF

      4988 Rte 22

      OFFICE BUILDING • 22,731 SF
      4988 Rte 22, Amenia, NY 12501-5353
      View Details
    • Value Estimation by Request
      3,120 SF

      5021 Rte 44

      OFFICE BUILDING • 3,120 SF
      5021 Rte 44, Amenia, NY 12501-5444
      View Details
    • Value Estimation by Request
      1,756 SF

      66 Broadway

      PROFESSIONAL BUILDING • 1,756 SF
      66 Broadway, Amenia, NY 12501-5408
      View Details

    Similar Nearby for Sale

    • $550,000
      1,800 SF

      Amenia Office Building - Route 22

      Prime Amenia Office Space, High Visibility
      4963 Route 22, Amenia, NY 12501
      View Details
    • Contact for pricing

      Established Liquor Store on Highway

      Liquor store with building and rental income for sale.
      5058 Route 22, Amenia, NY 12501
      View Details
    • $2,500,000

      Turn-Key Estate with Rental History

      Georgian estate with cottages, renovated for vacation rentals.
      18 Stagecoach Ln, Amenia, NY 12501
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    Similar Nearby for Lease

    • $1,500 /Mo

      Route 22 Commercial Space

      Visible commercial space on Route 22 in Amenia, NY.
      4789 Rte 22 #3, Amenia, NY 12501
      View Details
    • $1,500 /Mo
      20,038 SF

      Refreshed Commercial Space on Route 22

      Visible Route 22 commercial space ideal for retail or office.
      4789 Route 22, Amenia, NY 12501
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    • $1,500 /Mo

      Historic Amenia Restaurant Space Available

      Well-known restaurant space in downtown Amenia available for lease.
      3312 Route 343, Amenia, NY 12501
      View Details
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    5321 Us-44
    Amenia, NY 12501
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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