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Property profile & analytics
OFF-MARKET
Industrial properties

16-18 Myers Corners Rd Wappingers Falls, NY 12590

1,440 SF 21.19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21.19-acre development opportunity in Wappingers Falls, NY, presents a unique chance to capitalize on a high-traffic location. The property, located at 16-18 Myers Corners Rd, features a 1,440 square foot existing structure and is priced at $500,000 ($347.22/sq ft). The site boasts excellent visibility from the busy Route 9 corridor, ensuring high exposure for any future development. The property comprises two parcels: one zoned CC (Conservation Commercial) and the other HB (Highway Business), offering flexibility for a variety of commercial uses. Nearby, significant demand generators include Adams Fairacre Farms, BJ's, Hannafords, Big Lots, Home Depot, USPS, and several major automotive dealerships. Utilities including water, sewer, and potentially gas are available. The property benefits from high traffic counts, with 45,496 vehicles daily on US Route 9 and 11,335 on Myers Corners Road. This is an ideal location for businesses seeking high visibility and convenient access to major roadways and a strong consumer base. The vacant property presents a blank canvas for creative development, offering significant potential for return on investment. The existing structure provides a potential starting point or immediate income stream. This is a rare opportunity to acquire a substantial development parcel in a thriving commercial area. The zip code is 12590.

Property profile
Verified
Property type Industrial properties
Total area 1,440 SF
Lot 21.19 ac (923,036 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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