95 High Barney Rd, Middletown, NY 10940
This exceptional 12.6-acre parcel in Middletown, New York (APN: 330900-051-000-0001-001.220-0000), is offered at $500,000. Located at 95 High Barney Rd, 10940, this property is zoned SR-3B and presents a significant development opportunity. While currently vacant land, a conceptual plan exists for the construction of two apartment buildings, each comprising 15 units for a total of 30 units. This plan, developed by an engineer, considers the property's wetland constraints and adheres to local zoning regulations. It's important to note that this is a conceptual plan only; no formal engineering has been undertaken beyond this initial design. The property's high-density location within Middletown makes it an attractive investment for developers seeking to capitalize on the area's strong residential demand. Serious buyers should conduct their own due diligence to verify all aspects of the conceptual plan and assess the feasibility of the proposed development. This is a unique opportunity to acquire a substantial land parcel with significant development potential in a desirable New York location.
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.