Property profile

2201 Ny-208 Montgomery, NY 12549

OFF-MARKET
Land
6.7 ac lot
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Property summary

AI-generated overview

This exceptional 6.7-acre commercial land parcel presents a remarkable investment opportunity in Montgomery, New York. Strategically located at 2201 State Route 208, this property boasts a highly visible position with excellent exposure for any business. The B4 Highway Commercial zoning allows for a diverse range of uses, including retail establishments, office spaces, restaurants, banks, and taverns. Additionally, permitted uses extend to fitness centers, hotels, shopping centers, warehouses, and contractor storage/equipment yards, providing significant flexibility for potential development. The property's convenient location offers easy access to major transportation arteries, including Route 17K, I-84, and the New York State Thruway, ensuring convenient commutes for employees and customers alike. Its proximity to the villages of Montgomery, Maybrook, and Walden further enhances its appeal and accessibility. Priced at $200,000, this land parcel represents a compelling chance to establish a thriving business in a high-traffic area with considerable development potential. The substantial lot size provides ample space for a variety of commercial ventures, making it an ideal choice for entrepreneurs and investors seeking a prime location in Orange County. Don't miss this chance to secure this exceptional commercial property.

Property profile

Verified
Property type Land
Lot 6.7 ac (291,852 SF)

Cap rate & NOI

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

Location

2201 Ny-208 Montgomery, NY 12549
Montgomery metro
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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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