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Property profile

2003 Ny-82 Lagrangeville, NY 12540

OFF-MARKET
Day care centers
View Sample
8,800 SF 5.9 ac lot Built 1960

Property summary

AI-generated overview

This exceptional 5.9-acre commercial property in Lagrangeville, NY, presents a unique redevelopment opportunity. Located at a busy signalized intersection of Route 82 and Noxon Road, the property boasts an 8,800 square foot building, complete with a loading dock, showroom, and outdoor storage yard. Currently housing Alley's Agway, a long-standing community business, the property offers an established customer base and immediate income potential. The single-story building, constructed in 1960, sits on two parcels serviced by private septic and a drilled well. Hamlet zoning allows for diverse uses, including convenience store, daycare, and restaurant operations. The asking price is $1,600,000, translating to $181.82 per square foot. With 100% occupancy as of March 1st, 2024, and a lease expiring at that time, this property offers significant upside for investors and entrepreneurs alike. The expansive lot size and prime location make this an ideal canvas for a variety of commercial ventures. This is a rare chance to acquire a substantial piece of Lagrangeville's commercial landscape, offering both immediate returns and long-term growth potential. The property's existing infrastructure and established presence within the community provide a solid foundation for future success. Don't miss this opportunity to capitalize on this high-traffic location and versatile space.

Property profile

Verified
Property type Day care centers
Year built 1960
Total area 8,800 SF
Lot 5.9 ac (257,004 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

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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