16-18 Myers Corners Rd Wappingers Falls, NY 12590
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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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.