0 I-84, Newburgh, NY 12550
This exceptional commercial and industrial land offering presents a rare opportunity to acquire two parcels totaling between 6 and 9 acres. Strategically located at the intersection of the New York State Thruway and Interstate 84, in Newburgh, NY (zip code 12550), this property boasts unparalleled visibility and accessibility. The site benefits from its proximity to Route 17K and Stewart International Airport, making it ideal for a variety of uses, including hotels, distribution warehouses, and entertainment venues. The land itself is largely flat and features municipal water, sewer, and gas services. A key advantage is the existing, approved intersection on Route 17K, designed to accommodate large trucks accessing a nearby 650,000 square foot business park and distribution center. With an average daily traffic count exceeding 52,000 vehicles, this location guarantees high visibility and easy access to major trucking routes. The asking price is $3,750,000. This is one of the few remaining undeveloped parcels in this highly sought-after area, offering significant potential for development and investment. The property's location also places it within easy driving distance of numerous popular Mid-Hudson Valley attractions. This presents a unique opportunity to capitalize on the area's growth and strong economic activity.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.