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    OFF-MARKET
    Land

    95 High Barney Rd, Middletown, NY 10940

    12.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 12.6 ac (548,856 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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