0 Berme Rd Ellenville, NY 12428
This exceptional 30-acre property in Ellenville, NY, presents a unique investment opportunity. Located in the highly desirable Shawangunk Mountains region of the Hudson Valley, this land boasts a prolific artesian spring yielding 400 gallons of pristine water per minute. The site's strategic location offers significant potential for various ventures, including a high-quality water bottling plant or a craft brewery, capitalizing on the area's burgeoning tourism and recreation industry. Existing infrastructure is in place, simplifying development. The property's proximity to the Shawangunk Ridge provides stunning views and easy access to popular hiking, biking, and rock climbing destinations. The soon-to-be-redeveloped Smiley Road, bordering the property, will enhance accessibility to Lake Awosting in Minnewaska State Park. This former Sun Ray Water site offers a rare chance to acquire a substantial land parcel with a consistent, high-volume water source. A land lease option is also available for those seeking alternative investment strategies. This Ulster County location offers a blend of natural beauty and commercial viability, making it an attractive proposition for discerning investors. The property is situated near the village of Ellenville, providing convenient access to local amenities and services. This is a truly exceptional opportunity to own a piece of the Hudson Valley's natural beauty and entrepreneurial spirit.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.