I-84 Newburgh, NY 12550
- Land
- 6.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 I-84
- Lot size
- 6.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.1189
- Latitude
- 41.5127
