Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Party Supply Store (Bike/Boat/Book/etc) Store
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Big Box & Wholesale Store
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Hat Shop
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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