Property profile

000 Neelytown Rd Montgomery, NY 12549

OFF-MARKET
Land
10.3 ac lot
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Property summary

AI-generated overview

This exceptional 10.3-acre parcel of land presents a remarkable investment opportunity for discerning developers. Located at 000 Neelytown Road in Montgomery, Orange County, New York, this property boasts an ideal location within an industrial zone, offering a multitude of development possibilities. The permitted zoning allows for a wide range of projects, from senior housing to light industrial uses. The expansive lot size provides ample space for large-scale projects, while its convenient proximity to Interstate 84 and the New York State Thruway ensures excellent accessibility. Situated less than 50 miles from New York City, this location offers unparalleled connectivity to a major metropolitan area. The property's high visibility further enhances its appeal. While the total acreage is approximately 10.3 acres, a small portion is wetland (specific details available upon request). The seller is open to financing options, offering the potential for a flexible purchase agreement. This is a rare opportunity to acquire a significant land parcel in a prime location with exceptional development potential. Don't miss out on this chance to build your next successful venture. The asking price for this exceptional property is $1,999,999. Further information is available upon request.

Property profile

Verified
Property type Land
Lot 10.3 ac (448,668 SF)

Cap rate & NOI

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

Location

000 Neelytown Rd Montgomery, NY 12549
Montgomery metro
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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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