787 Sergeant Palmateer Way Wappingers Falls, NY 12590
This exceptional 6,902 square foot vacant storefront, located at 787 Sergeant Palmateer Way in Wappingers Falls, New York, presents a compelling investment opportunity. Priced at $1,250,000 ($181.11 per square foot), this property offers significant potential for a variety of retail or office uses. The building enjoys a highly desirable location, just seven minutes from Interstate 84 and twelve miles from the Taconic State Parkway, ensuring excellent accessibility. Its strategic placement near key demand generators, including the New Hamburg Metro North Train Station, New York State Police, and Wappinger Town Court, guarantees high visibility and foot traffic. The surrounding area boasts a robust retail landscape, with established businesses such as Adams Fairacre Farms, Hannafords, Poughkeepsie Nissan, Mercedes Benz, and DCH Toyota nearby. This property is situated in Dutchess County, New York, with a zip code of 12590. The property is classified as both storefront and office space, offering versatility for potential buyers. This is a rare opportunity to acquire a substantial commercial property in a thriving Hudson Valley location. The building is currently vacant, allowing for immediate customization and tenant selection. The property's prime location and substantial size make it an ideal investment for discerning buyers seeking a strong return on investment in a high-demand market.
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
Similar Nearby for Sale
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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.