245 Nichols St, Carmel Hamlet, NY 10512
This exceptional 135-acre development site, located at 245 Nichols St, Carmel Hamlet, NY 10512, presents a unique opportunity for large-scale industrial development. Zoned PUD (Planned Unit Development) in Putnam County, this expansive parcel of rolling land offers unparalleled potential for a substantial warehouse and/or office complex. Preliminary approvals are in place, streamlining the development process. The property boasts convenient access to major transportation arteries, including Route 52, Interstate 84, and Interstate 684, ensuring seamless logistics and efficient distribution networks. Its proximity to railway lines and airports further enhances its strategic location and accessibility. This prime location allows for the construction of over 400,000 square feet of warehouse space, making it an ideal investment for developers seeking a significant project with high returns. The property's size and strategic location make it a rare find in the thriving New York market. Contact us today to discuss pricing and explore the possibilities of this exceptional development opportunity. This is a truly remarkable chance to acquire a substantial land parcel with significant development potential in a highly desirable 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.