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    OFF-MARKET
    Office Spaces

    9 Rock Cut Rd, Albany, NY 12250

    2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2-acre commercial property at 9 Rock Cut Road, Newburgh, NY, presents a unique investment opportunity. Zoned for commercial and medical office use, this site boasts pre-approved plans for a substantial 17,280 square foot, two-story office building. Located in a rapidly growing area, this location offers unparalleled potential for a variety of uses, including medical offices, daycare facilities, or assisted living centers. The property's strategic position, just half a mile from Interstate 84 and in close proximity to Stewart International Airport, ensures excellent accessibility and visibility. The impending arrival of Amazon, projecting 2,100 new jobs, further enhances the long-term growth prospects of this prime location. Flexible ownership options are available, including outright sale, ground lease, or build-to-suit arrangements, catering to diverse investment strategies. The property's address is 9 Rock Cut Road, Newburgh, NY 12250, situated in Orange County. This is a rare opportunity to acquire a ready-to-develop site in a thriving market with significant future growth potential. The property is available immediately.

    Property profile
    Verified
    Property type Office Spaces
    Lot 2 ac (87,120 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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