Property profile

6940 Us-209 Wawarsing, NY 12489

OFF-MARKET
Mixed-use properties
5.1 ac lot
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Property summary

AI-generated overview

This unique 5.1-acre mixed-use property in Wawarsing, NY, presents a multifaceted investment opportunity. Located at 6940 US-209, Ulster County, this expansive parcel boasts over 300 feet of road frontage and is currently zoned for bus/trucking terminal use. The property includes a substantial garage measuring 36 feet wide by 60 feet long, featuring 18-foot eaves and a 25-foot high center. This garage is equipped with one 12' x 14' roll-up door and two 14' x 14' opposed roll-up doors, creating a 60-foot drive-through bay. The heavy-duty reinforced concrete floor is plumbed with 2,400 feet of radiant heat tubing and an 8-zone manifold, complemented by three floor drains connected to a 750-gallon holding tank. A 12,000 lb., 2-post vehicle lift with a 17-foot pass-through clearance and a 3-phase 120/208-volt, 200-amp service further enhance its functionality. Also on the property is an eight-room boutique motel (the Rondout Valley Motel), requiring extensive renovation, and a two-stall horse barn with fenced pastures. A manufactured home, completely renovated in 2018, adds to the property's versatility. This property offers diverse redevelopment or repurposing potential for various ventures, making it an exceptional investment at an asking price of $450,000. The property is offered in fee simple ownership.

Property profile

Verified
Property type Mixed-use properties
Lot 5.1 ac (222,156 SF)

Cap rate & NOI

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

Location

6940 Us-209 Wawarsing, NY 12489
Wawarsing 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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