9 Rock Cut Rd, Albany, NY 12250
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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.