390 St Andrews Rd Walden, NY 12586
- Commercial real estate
- 40.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 390 St Andrews Rd
- Lot size
- 40.40 lot acres
- Property type
- Commercial real estate
- APN
- 334289-010-000-0001-029.220-0000
Description
This exceptional 40.4-acre property at 390 St. Andrews Rd, Walden, NY (APN: 334289-010-000-0001-029.220-0000) presents a unique investment opportunity. Currently zoned RA5, it offers diverse development possibilities. The land includes a 2,462 square-foot, three-bedroom, one-bathroom house. Preliminary site work for a 16-lot single-family subdivision is complete. Permitted uses include single-family dwellings, agricultural farms, and public works buildings. With a special use permit and site plans, conversion to multifamily is possible. Additional potential ventures include a bed and breakfast, vacation cottages, battery energy storage, or a garden center. The property's strategic location near major interchanges (I-87/84) enhances its appeal. Priced at $2,099,000 ($54,455/acre), this property is ideal for developers and investors seeking a versatile and well-situated land parcel in Orange County. The existing house adds immediate value and potential rental income. This is a rare opportunity to acquire a large parcel of land with significant development potential in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walden
- County
- Orange
- State
- New York
- Longitude
- -74.1325472
- Latitude
- 41.5564753
