Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1557-1571 Us-9 Wappingers Falls, NY 12590
    Back to Search
    Property profile & analytics

    1557-1571 Us-9, Wappingers Falls, NY 12590

    View on Map
    • Retail properties & Spaces
    • 25,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1557-1571 Us-9

    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional retail and office property, situated on heavily trafficked Route 9 in Wappingers, Dutchess County, New York, offers unparalleled visibility and accessibility. The 25,000 square foot building boasts a strong tenant mix, including established national brands such as Key Bank, Starbucks, Smoothie King, T-Mobile, and McDonald's. A Walgreens is conveniently located on an adjacent parcel, further enhancing the property's desirability and foot traffic. Currently, four individual spaces are available, ranging in size from 1,036 to 2,167 square feet, providing flexibility for a variety of businesses. The property is ideal for businesses seeking high visibility and a location within a thriving commercial corridor. The building is a multi-tenant property, offering a diverse and established tenant base. Note that the building does not have elevators. This prime location presents a unique opportunity for businesses seeking to establish or expand their presence in a high-traffic area with strong existing tenants. The property's strategic placement on Route 9 ensures maximum exposure to a large customer base. Serious inquiries are encouraged to explore the available spaces and their potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wappingers Falls
    County
    Dutchess
    State
    New York
    Longitude
    -73.9115
    Latitude
    41.5954

    Comparable in this City

    • Value Estimation by Request
      6,902 SF

      787 Sergeant Palmateer Way

      Individual retail properties
      787 Sergeant Palmateer Way, Wappingers Falls, NY 12590
      View Details
    • Value Estimation by Request
      5,257 SF

      1001 Ny-376

      Medical Office Space
      1001 Ny-376, Wappingers Falls, NY 12590
      View Details
    • Value Estimation by Request
      59,233 SF

      942 Ny-376

      Office Units
      942 Ny-376, Wappingers Falls, NY 12590
      View Details
    • Value Estimation by Request
      19,500 SF

      1289 South Rd

      Individual retail properties
      1289 South Rd, Wappingers Falls, NY 12590
      View Details
    • Value Estimation by Request
      7.60 Acres

      1105 Route 9

      Power centers
      1105 Route 9, Wappingers Falls, NY 12590
      View Details
    • Value Estimation by Request
      58,574 SF

      1701 Us-9

      Retail properties & Spaces
      1701 Us-9, Wappingers Falls, NY 12590
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,700 SF

      Wappingers Falls Retail/Office Building

      Retail/office building for sale in Wappingers Falls, NY.
      1622 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • $400,000
      33.70 Acres

      Prime Land in Wappingers Falls

      33.7-acre commercial land on Route 376, CC zoning.
      Wappingers Falls, NY 12590
      View Details
    • Contact for pricing

      Retail Property in Wappingers Falls

      Retail property for sale in Wappingers Falls, New York.
      1605 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • $675,000

      Established Pizzeria and Italian Restaurant

      Turn-key restaurant with dine-in, take-out, and catering in Dutchess County.
      1574 Route 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      4,300 SF

      Wappingers Falls Commercial Building For Sale

      Commercial building with restaurant/bar and apartments in Wappingers Falls.
      2555-2557 South Ave, Wappingers Falls, NY 12590
      View Details

    Similar Nearby for Lease

    • $1,979 /Mo

      Versatile Commercial Storefront in Wappingers

      Adaptable commercial space ideal for various businesses in Wappingers Falls.
      10 Market St, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      666 SF

      Retail/Office Space on Route 9

      Retail or office space for rent in Wappingers Falls.
      1562 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      900 SF

      Retail/Office Space For Lease

      Retail and office spaces available in Wappinger, NY.
      1821 Route 376, Poughkeepsie, NY 12590
      View Details
    • $3,900 /Mo

      Route 9 Office/Retail Space

      Premier office/retail space with high visibility and ample parking.
      1285 Route 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      14,082 SF

      Retail/Office Space on Route 9

      Professional retail/office building with Route 9 visibility.
      1145-1147 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      Pending

      Route 9 Office/Retail Space

      Premier office/retail space with high visibility and ample parking.
      1285 First Rd, Wappingers Falls, NY 12590
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1557-1571 Us-9
    Wappingers Falls, NY 12590
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1557-1571 Us-9, Wappingers Falls, NY, 12590
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!